How to start a business – a guide of things to consider before launching

So many people are starting a freelance business or side hustle of some sort these days, and we get questions almost weekly about how to set a business up, what steps to follow, and what things you need to know. Over the last week alone, we've gone over the basics with three people! So, we thought - it's time to dish the details. 

 

This isn't a post about knowing your audience, marketing to the right people, or putting together an operations budget - more on those details later. This is a post about the legal and logistical things you need to consider and do in order to have a real, live business. What will your business name be? Should you incorporate? Do you need insurance? What is GST? How will people pay you? 

 

There's a lot to consider but we have you covered. Whether you are launching the next big thing or setting up a small side hustle, the answers to your questions and the things you need to consider are in this guide. Download the SMRT Women Quick Start Guide for our basic primer on how to get started.

 

Caveat - we live in Whitehorse, Yukon so the steps that follow are relevant to our City. However, the basic steps apply anywhere in Canada. I recommend speaking with your local chamber of commerce or City permitting office to make sure you've crossed all of your "T"s and dotted all of your "i"s.  This article is not a substitute for legal or financial advice. Please make sure you talk to a lawyer or accountant and talk to Government of Canada, your provincial/territorial business and your local municipal government as needed to make sure you have followed all the appropriate steps.

 

SMRT POP UPS and SMRT WOMEN makes no representations as to accuracy, completeness, correctness, suitability, or validity of any information in this article and we will not be liable for any errors, omissions or delays in this information or losses, damages or injuries, arising from its display or use. All information is provided on an as-is basis. The user must verify their own facts.

 

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