But just as important!
SOLE PROPRIETORSHIP SET UP
Wanting to get started on your solopreneur journey but not sure how or where (or why)? We can help! We’ll hold your hand through the process and answer any questions you
may will have.
- Name reservation
- Applying for your business number
- Registering GST (first determining if you need to)
- Registering for WCB
- Registering for a payroll account with CRA
- Setting up a business bank account
So you’ve decided to start a business, or maybe you already have an established one, it’s never too late (or too soon) to draft a business plan.
A business plan can help solidify goals and your vision for your business. It can also put check points and key performance indicators to help you track how your business is doing. Need financing? Most institutions require a formal business plan as part of your loan application.
FORECASTING and BUDGETING
What are your goals for your business this year? Next year? How will these goals generate revenue? How much revenue?
Maybe you’re adding a new service or a new line of products. Forecasting sales and then reviewing that forecast on a periodic basis can help tell you how well an aspect of your business is performing. It can help you analyze your business and make informed decisions on the best way to move forward.
Budgeting is an equally important aspect and a crucial element of the business plan and in forecasting. Budgeting helps plan for future expenditures so you know how much revenue you need to generate to cover them. It’s also helpful to review on a periodic basis so you know if you’re business is turning into a spending diva or if you’re running right on track.
(These technically do fall under the bookkeeping umbrella but I wanted to put them with the business plan as I feel they go hand-in-hand.)
All of our services are fully scale-able to accommodate all budgets and needs. Ranging from one hour, point form, information sessions planned in advance to address your biggest concerns to a complete hand-holding where we’re with you every step of the way.