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Starting your Own business - What you need to know 

Start here to write your On Business Success Story 

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Are you Canadas Next Business Success Story? 

At A.H.O.M™ Relocation, we believe every Newcomer Entrepreneur’s journey is more than a move—it’s the foundation for growth.

Our specialized services combine comprehensive relocation support with business integration guidance, helping newcomers, founders, and self-starters thrive across Canada or internationally.

 

With our team’s expertise, you’ll receive tailored coaching, step-by-step settlement, and access to exclusive workshops designed to launch your business confidently and compliantly. Let us handle the complex details—so you can focus on building your enterprise, joining your new community, and shaping your future with confidence

A.H.O.M™— (A .Home .of. Mine) - Where every Move feels like Coming Home
 

WE OFFER
1:1
MENTORSHIP AND TRAINING

🌟 Starting a Business in Canada:  Start Here!

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1. Decide on Your Business Structure

  • Sole Proprietorship – Easiest to start, but you carry all liability.

  • Partnership – Shared ownership with partners, but requires a legal agreement.

  • Corporation – More complex, but offers liability protection and potential tax benefits.

  • Co-operative – Owned and controlled by members for their mutual benefit.

➡️ Tip: Many entrepreneurs start as sole proprietors and later incorporate as they grow.

2. Register Your Business Name

  • Conduct a NUANS search (for corporations) or provincial registry search to confirm name availability.

  • Register your business name with the appropriate provincial or federal registry.

  • Consider securing matching domain names and social media handles.

3. Apply for a Business Number (BN) & CRA Accounts

  • Obtain a Business Number (BN) from the Canada Revenue Agency (CRA).

  • Set up required accounts:

    • GST/HST (if revenue exceeds $30,000 annually).

    • Payroll deductions (if hiring employees).

    • Import/Export accounts (if trading internationally).

4. Licences & Permits

  • Federal, provincial, and municipal governments may require specific licences (e.g., real estate, food service, transportation).

  • Use the BizPaL tool to identify all permits needed for your industry and location.

5. Banking & Financing

  • Open a business bank account (separate from personal funds).

  • Explore financing options:

    • Government grants & loans (BDC, Canada Small Business Financing Program).

    • Private funding (banks, credit unions, angel investors).

    • Community loan programs (especially for newcomers, women, and minority-owned businesses).

6. Protect Your Business

  • Register for insurance (general liability, professional liability, property).

  • Protect intellectual property:

    • Trademarks (brand names, logos).

    • Patents (inventions).

    • Copyright (creative works).

7. Taxes & Record Keeping

  • Keep clear financial records for at least 6 years.

  • File income tax returns annually.

  • Understand deductions available (home office, vehicle, professional fees, etc.).

8. Build Your Business Identity

  • Create a business plan with clear goals.

  • Develop a marketing strategy (website, social media, networking).

  • Join local business associations and chambers of commerce for support.

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💡 Pro Tip: Newcomers often qualify for free business advisory services from local Small Business Enterprise Centres (SBECs) and immigrant entrepreneur programs.

Have a Question for Us?

Fees Apply 

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