I’m planning on starting my own business. What should I be thinking about?

I’m planning on starting my own business. What should I be thinking about?

CLARK ROBINSON |

The first thing to think about is how well you know the business you are about to embark upon. Do what you know best, if you need to know more, then find out more.

You need a financial business plan and a strategic business plan. Clark, Robinson can help you build these plans, and assist you in identifying areas where more thought is needed.

There are many administrative considerations for starting your own business, such are registering for Worksafe BC, Goods and Services Tax, Provincial Sales Tax, a CRA payroll remittance account, etc. You also need to set up a system to bill your customers, collect your accounts, and pay your bills. Clark, Robinson can help you with these administrative tasks.

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