What I Need To Know About Starting My Own Business – FASTSTART Your Business is the ultimate guide that takes the guesswork out of starting your business by focusing on what matters. Inside you will discover:
After reading it, I think it’s essential reading for any Canadian/Quebec small business owner who wants clear, direct, no-BS answers to all questions (and many you haven’t thought of) by starting a sole proprietorship – David L
What I Need To Know About Starting My Own Business
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Client Reviews: I stumbled across this brochure while researching how to develop my freelance copywriting business. After reading it, I think it’s essential reading for any Canadian/Quebecian Small Business student who wants straight, no-BS answers to every question (and many you haven’t thought of) by asking start a sole proprietorship. The book is written in a very amateur way so that anyone can understand it, but I appreciate that it doesn’t skimp on detail or engage the reader. And since each chapter title answers a single activity question (e.g., “Why and how to register your sole proprietorship,” “What does it mean to be tax-exempt or tax-exempt?”), you can jump around the book as much as you like, without wondering if you’ve missed anything. Highly recommended to Canadian entrepreneurs everywhere! -David Lowenthal Glad to have found your website and book. I’ve gone through the book chapter by chapter and it’s excellent. It is clear and step by step so easy to put into practice. I read a chapter each day and do something useful for the day (register a business, open a bank account, etc.). I also love the prints section, it’s a great book and guide. It makes the process easy! -Michelle B. Ronika’s book provided great insight that allowed me to understand the process of starting a business in Quebec. It is very informative and well organized as the information provided can be difficult to find elsewhere let alone one source. I highly recommend reading this book if you are starting a business in Quebec or Canada! – Shaun Galarneau Your book has really made my business registration journey that much easier; everything is easy to understand and beginner friendly. Because Quebec’s system is a bit different from the rest of Canada, it’s a bit tricky to find detailed information everywhere. I’m glad I found your book! – Kailpreet Kaur Bhatti It is a very useful book, I learned many ideas and got all the answers in the book. Thank you Ronika, now I have clear ideas for my new little business. – James Cai I found your book very helpful. I have a publisher registered in Ontario as an Authorized Dealer but have moved to the province of Quebec and need information on registering here and understanding the rules and regulations. Your book was really helpful in telling me where to find the information I needed and advice on the subjects I needed to go on. – FM I found your e-book Start Your Business Fast and thoroughly enjoyed reading it. Very helpful, direct and great text for mature students planning to start a small business. Thank you for writing the book. It is an excellent book for those who want to start their own small business. His coverage is comprehensive and informative enough to give young beginners confidence. – Ralph E. Hale We read your book and found it very helpful and easy to understand. We have completed your business registration and are NEQ registered thanks to your information sheet! – Janine and Glen Who will benefit from this book?
My name is Ronika Channa. I’m an accountant and small business owner who helps many business owners start their businesses. Over the last 10 years I have learned that there are certain elements of starting a business that any new (and existing) Canadian business must consider. I decided to put this guide together to make the process easier and save anyone’s time thinking about it. Corporate leadership immersion and those who need constant guidance to ensure they are on the right track. Starting a business can be hard work, but breaking the process of starting your new business down into discrete steps can make it easier. Instead of spinning the wheels and figuring out where to start, follow this 10-step checklist to take your business from a light over your head to something real.
If you’re thinking about starting a business, you probably already have an idea of what you want to sell online, or at least the market you want to access. Do a quick search for companies in your chosen industry. Learn what current brand leaders are doing and find out how you can do it better. If you think your company can deliver something other companies can’t (or deliver the same thing, only faster and cheaper), you have a strong idea and you’re ready to create a business plan.
“In the words of Simon Sinek, it always starts with a reason,” Glenn Gutek, CEO of Awake Consulting and Coaching, told Business News Daily. “It’s good to know why you started your business. It can be useful to distinguish whether the company serves a personal or a commercial purpose. If your goal is designed to meet a need in the marketplace, your business scope will always be larger than a business designed to serve a personal need.
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Another option is to open a license from an established company. Concept, brand and business model already exist; All you need is a good location and the means to fund your work.
Regardless of which option you choose, it is important to understand the reasons behind it. Stephanie Desaulniers, owner of Business by Dezign and former director of services and business programs for women at Covation Center, cautions entrepreneurs against writing a business plan or thinking of a company name before summarizing the plan’s value.
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Desaulniers often said that people start their businesses without taking the time to think about who their customers will be and why those customers would want to buy from them or hire them.
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“You have to explain why you want to work with these clients – are you passionate about making people’s lives easier?” said Desaulniers. “Or do you enjoy creating art to bring color to your world? Identifying these answers helps clarify your mission. Third, you want to define how you will provide that value to your customers and communicate that value in a way that will make them willing to pay. ”
During the planning phase, you need to iron out important details. If the idea is not your passion or there is no market for your creation, it may be time to come up with other ideas.
Once you’ve created your plan, you need to ask yourself a few key questions: What is your business purpose? Who are you selling it to? What are your ultimate goals? How do you finance your start-up costs? These questions can be answered in a well-written business plan.
Serious business owners can make many mistakes by rushing things without thinking about these aspects of the business. You need to find your target customer base. Who is buying your product or service? What would be the point if you can’t find proof of demand for your idea?
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Conducting thorough market research on your website and potential customer demographics is an important part of developing a business plan. This includes conducting surveys, holding focus groups, and researching SEO and public data.
Market research helps you to understand your target customers – their needs, preferences and behavior – as well as your company and your competitors. Many small business experts recommend gathering demographic information and conducting competitive analysis to better understand the benefits and limitations in your market.
The best small businesses have differentiated products or services from the competition. This significantly impacts your competitive landscape and allows you to present unique value to potential customers.
It’s also a good idea to consider an exit strategy when creating your business plan. Having an idea of how to get out of the business eventually forces you to look to the future.
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“Often new entrepreneurs are so enthusiastic about their business and everyone will be customers everywhere that they are given little or no time to show the plan to go out of business,” said Josh Tolley, CEO of Shyft Capital. and kavana.
“When you get on the plane, what
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