5) Avoid Jail, Legal Stuff
- Legal stuff
- Protection of assets
- Do you need partners?
- Incorporation
- Insurance
- Employees
- Shareholder agreements
- Shareholder agreements-The three Cs
- Other matters for your shareholder agreement
- Other legal stuff
6) Get Enough Money
- Financing strategy
- Do you need money?
- Length of loan
- Working capital
7) Business Plan
- What is it and why do you need one?
- Sample financial projections
Also Included:
- Business Plan Template
- Checklist of Business Decisions
1) Things to Do First
- Start part-time
- Save up money
- Family support
2)Personality
- FIERCE!
3)Product or Service
- Do you know how to do it?
- Customer service
- Pricing
- Is your target market big enough?
- How do you reach your customers?
- Website and social media
- Google Alerts
- Building a business to sell or not?
4) Saving on Taxes
- Business use of the home
- Vehicles
- Receipts
- Goods and Service Tax/Harmonized Sales Tax (GST/HST)
- Employees
- Incorporation
- Decision tree: Deciding if a business should incorporate