3 Tips For Newcomers Looking To Start A Business In Canada

 

Are you a newcomer looking to start a business in Canada? These 3 tips from our friends at BDC are for you!

By Simon Trudel-Lachance


Develop your credit score

• You will need a  history of credit when seeking a business loan

• A simple fix: own a credit card and use
it responsibly

Understand your customers’ behaviour 

• What do they buy?
• How do they buy it?

Learn more about local markets by getting involved with: 

• A Volunteer organization
• A business association
• A place of worship

Build a Network

• Business
• Association
• Organization
• Cultural community
• Local chamber of commerce

Find mentors through  organizations such as:

• Access Employment
• Futurpreneur Canada

Bonus  

• Have enough savings for roughly 6 months to cover your personal expenses 

FOR MORE INFORMATION AND RESOURCES VISIT THE BDC WEBSITE

 

BDC supports small and medium-sized businesses in all industries and at every stage of growth with money and advice.


ABOUT THE AUTHOR

Simon Trudel-Lachance
PIB — Sponsorship & Membership coordinator / Content Writer

Pride In Business article in partnership with TD.
By
Simon Trudel-Lachance


Pride In Business article in partnership with TD.
By Simon Trudel-Lachance


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