Starting a new business venture is a very exciting time in one's life. There's a lot that goes into starting a new business. You need to prepare yourself beforehand if you're thinking of selling homemade jams that you've been giving out as Christmas gifts every year into a small business. Applying for a business license should be the first thing you do if you plan on becoming a new store owner.
You might think that applying for a business license is a one shot deal but you do need to renew your license every year or so. Depending on the province you live in. We're here to provide you with some helpful tips that should help you get started. These tips will get you closer to starting that used clothing shop you've always dreamed of or keeping your current hot dog stand going.
This page is possible through the generous support of Diottecoatingservices.com, a Toronto based company. Thank you!
Registering your business name and applying for a business license isn't even that stressful. As long as you have the basic information of your business on hand. So, write down the essential stuff about your business so you're not lost during the process. Things like the name of your business, the address, the type of business you will be conducting, how many people you will be employing, what services or products you will be selling, etc. All very basic stuff. It's like your applying for something at the employment office.
Do some research about your business name. You don't want to apply for a business and find out later on that there's some company out there with a similar name already. You can either apply online or at a public government location. The process takes about a half hour or so, depending on where you live. As you can see, it's relatively easy and there isn't much you need to be worried about. Getting it done as quickly as possible will get you started on your business adventure sooner.
When it comes to renewing your license, each province is different. For
instance business licenses in the city of Vancouver, British Columbia expire every year on December 31st. When registering for your business license the first time, you will be given information about when it expires. You will usually get a renewal notice in the mail before it expires though. Which makes things even easier on yourself. We hope you're now ready to start that business of yours with the information we have provided for you.