Posted October 9, 2021

Starting a Business

There are several things to consider prior to starting your business. Are you offering a product or service? How will it be delivered to your customer and be profitable? And more…

Create a Business Plan

1. Market Research and Competitor Analysis

Conduct market research and competitor analysis to better understand your customer’s needs, demographics, target customer, and industry.

 

2. Financial Needs

What are your financial needs? Identify them and how you plan to finance them.

3. Business Structure

Choose the structure that best suits your business.

4. Sales/Marketing

Develop your unique marketing plan and brand.

 

Business Plan Templates

 

Register Your Business

1. Choose and Reserve your Business Name

Choosing your business name can be very exciting! You must choose and reserve your business name with the Government of Manitoba.

 

2. Apply for Permits, Licenses, and Taxation

Permits, licenses, and taxation requirements vary by area and industry. The below resources will help you identify what is required and where to apply.

 

Other Things To Consider

WCB – Determine whether your business requires coverage.

 

Professional Services – Does your business need professional services? This includes:

Financial Institutions
Lawyers
Accountants/Bookkeeping Services
Real Estate
Insurance Advisors

 

IT Services – Does your business need IT services?

 

Chamber Membership – Consider us your business partner and support as you navigate your path to success.

 

Business Planning Help

For more information, contact the Chamber at info@steinbachchamber.com or 204-326-9566.

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