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Create Your Business
Create a plan for the type of business you will open. The Small Business Centre can help you
write your plan. Book a meeting with the Small Business Centre team today.
Determine your legal structure. Starting a new business means choosing a legal structure
that will suit your business needs. The Small Business Centre can help you determine what
structure is right for you. Book a meeting with the Small Business Centre team today.
Register your business name. Once you have determined the right business structure for you,
visit Service Ontario online or in person to register your business name and obtain your Master
Business Licence. TIP: Register online at Service Ontario to beat the lines.
Identify early what permits and licences you require. BizPaL helps entrepreneurs generate a
personalized list of the business permits and licences they need, for all levels of government, to
start up or grow their business.
Apply for a Business Number. The Canada Revenue Agency’s Business Registration Online
is a one-stop, online, self-serve application that allows you to register for a Business Number,
as well as four program accounts: Corporation income tax, GST/HST, and payroll.
Research the insurance you will need, such as employment insurance, worker’s
compensation, etc. Some are required for permits and licenses. TIP: The Canadian Business
Network outlines many insurance types.
Be sure to comply with all applicable wage laws. Visit the Canada Business Network to learn
more about wage laws.
If you plan to hire and train an apprentice, ensure that you understand the benefits and
responsibilities. To learn more on how to hire and train an apprentice, visit Employment Ontario.