ExPErt HElP CHECklist by ps94506

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									                                                                                   Part 3: Starting Your Business

Your Guide to Small Business
       ExPErt HElP CHECklist


When starting a business, no matter which business option and structure you choose, there’s
a great deal of up-front research involved. Much of it you can do yourself, but as you draw nearer
to start-up, you are likely to need some advice and should consider hiring expert help.

Here are a number of experts and some of the services they provide that you may require in order
to help you start—and maintain—your business

1. I need a lawyer www.lsuc.on.ca to help me:                                                        Yes      No

	   •	form	a	corporation	or	partnership	                                                             Yes								No

	   •	purchase	a	business	or	franchise	                                                              Yes								No

	   •	review	start-up	documents	such	as	loan	agreements,	leases	and	contracts	                       Yes								No

	   •	deal	with	any	copyright,	patent	or	trade-mark	issues	                                          Yes								No


2.		I	need	an	accountant	www.icao.on.ca to help me:                                                  Yes      No

	   •	present	my	business	plan	to	potential	investors	                                               Yes								No

	   •	buy	a	business	or	franchise	                                                                   Yes								No

	   •	prepare	budgets	and	cash	flow	statements	                                                      Yes								No

	   •	set	up	my	financial	record-keeping	system	                                                     Yes								No

	   •	prepare	HST,	RST,	payroll	deductions	etc.	and	deal	with	the	Canada	Revenue	Agency	(CRA)	       Yes								No

	   •	prepare	my	income	tax	return	                                                                  Yes								No

	   Contact	info	for	accountant	I	have	interviewed	and	hired:




    Note: While an accountant can provide all of the above services, some can be performed by a
    bookkeeper, whose fees are typically lower.




1 Your Guide to Small Business
                                                                               Part 3: Starting Your Business

Your Guide to Small Business
       ExPErt HElP CHECklist


3.		I	need	an	insurance	agent	or	broker	www.ibao.org to help me:                               Yes      No

	   •	provide	advice	on	the	kinds	of	insurance	and	coverage	I	need	                            Yes								No

	   •	arrange	for	coverage		                                                                   Yes								No

	   Contact	info	for	insurance	agent	or	broker	I	have	interviewed	and	hired:




4.		I	need	a	banker	to	help	me:	                                                               Yes								No

	   •	with	start-up	business	financing	                                                        Yes								No

	   •	operating	loans		                                                                        Yes								No

	   •	business	mortgages	                                                                      Yes								No

	   •	leases	                                                                                  Yes								No

	   •	lines	of	credit	                                                                         Yes								No

	   Contact	info	for	banker:




Depending on the type of business you’re starting up—and your own skill set and those of any partners—you may
also want help at some point from other experts, including a:

	   Marketing	consultant	
	   Contact	info:




	   Graphic	designer
	   Contact	info:




	   Website	builder	
	   Contact	info:




2 Your Guide to Small Business
                                                                                     Part 3: Starting Your Business

Your Guide to Small Business
      ExPErt HElP CHECklist


Technical	support
Contact	info:




Business	valuator	www.cicbv.ca
Contact	info:




Not	sure	what	you	can—and	must—do	yourself,	and	what	will	require	expert	help?
Your	local	Small	Business	Enterprise	Centre	www.ontario.ca/sbec	can	assist	you.




                             We’re here to help.
                             Our	Small	Business	Enterprise	Centres	(SBECs)	
                             provide	entrepreneurs	with	all	the	tools	they	need	
                             to	start	and	grow	their	businesses.	Each	centre	
                             is	staffed	with	dedicated	business	professionals	who	
                             help	you	determine	what	you	need	to	do	before,	
                             during	and	after	launching	your	business.
                             www.ontario.ca/sbec




3 Your Guide to Small Business

								
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