Cost Calculator

Will you be registering a business name in Ontario?

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You will require a name search. Add $8 per name search through http://www.nuans.com

 

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For Ontario based businesses you may also check the Ontario Ministry of Small Business and Entrepreneurship at: http://www.ontario-canada.com

 

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Do you require a license or permit to set up your business? There may or may not be fees involved- we suggest you check with your city or through a tool like BizPal

 

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Will you be renting a location?

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It is recommended that one speaks with a lawyer as to how to best set up your business. Professional fees will vary but for a typical start-up one can estimate.

 

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It is recommended that one speaks with an accountant as to how to best set up your business. Professional fees will vary but for a typical start-up one can estimate.

 

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Supplies. This will of course depend on the nature of business you are looking. In most cases, basic office supplies, computer hardware and software will be a minimum of the resources required to get a small business off and running.

 

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Telecommunications. In order to be readily accessible, you will require connectivity both for your web presence and yourself. Basic plans begin at approximately $100/month (using a 6 month time frame)

 

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In many instances a business loan or line of credit will be required. Rates terms will vary- for more information we suggest you contact a financial institution.

 

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Marketing. In order to reach your target audience, basic marketing materials will be required. We can include, a brand identity/logo, web site design/development, business cards as a basic start.

 

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Often exposure to launch your business is required by use of advertisements, or even perhaps articles.

 

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Do you have the ad developed?

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Do you know the print publication where you want to run the ad?

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Do you want to reach as many people as possible?

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Do you want to reach a targeted group?

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It is a wise decision to secure some form of business insurance in order to provide a foundation of stability to a start up venture. There are various forms available but a typical cost of $ per month for Income Protection or Disability Insurance can be estimated. We suggest you also consult with a specialist.