Starting a business is both exciting and challenging. If you’re thinking about starting a business, we can help you every step of the way.
Everything you need to know to start.
RBC Starting Your Business Guide
Move closer to being a business owner with the five start-up steps. Each step includes guides, tools, templates and resources to help you implement.
If you build it will they come?
Before you quit your job and invest your hard earned savings in a new business, be sure the idea is feasible. Doing your homework now will help you move forward with confidence.
Find the funds you need to start and grow.
Whether you have your own savings, are relying on friends or family, intend to borrow, or possibly a mixture, identify how much capital you will need and the potential source.
Sleep easy at night knowing you’re covered.
It can be tricky navigating all the legal requirements if you’ve never been in business before, but if you understand the basics then it’s not as hard as it seems.
Key considerations when choosing your optimal business structure.Business Structure
The Canadian Government wants to help your small businesses succeed. There are programs, loan guarantees, tax breaks and more available to help you successfully launch and grow.Government Grants
Documenting your brilliant idea.
A well written business plan helps explain to others what you are doing, and clarifies the business opportunity in your mind. The act of writing down what you want to do, and how you intend to do it, is a key starting point to achieving your business goals.
Determining whether you have enough money to manage your business means creating a variety of realistic cash flow projections.Forecast Cash-flow
A business plan helps you fully to think through and vet your business idea before you actually start your business, which will improve your chances of success.Business Plan Template
Know where your money is.
Keeping tabs on your cash includes knowing how your business is performing, and making regular changes to enhance your profitability within the context of your business.
Learn how to increase profit without increasing prices.Increase Profit Checklist
Make sure the price you set for your product or service enables you to make a profit.Product & Servicing Pricing