At Innes Robinson we have the experience to assist you in developing your new idea. We can assist with:
- Setting up your new business
- Creating a business plan
- Structuring the ownership of your business for the best income tax result
- Structuring the involvement of angle and venture capital investors
- Referring you to organizations that can assist with raising capital
- Referring you to other professionals that can assist in your growth, including lawyer and bankers that understand your business
Some of the issues that have to be considered in a startup situation are:
- Type of company – (corporation, proprietorship, partnership, LLC, etc.)
- Location of company – (Where: in Canada or the U.S.?)
- Business and regulatory environment – (corporate and other laws, business conditions)
- Taxation – (business, personal, social security, sales and excise, etc.)
- Business and strategic planning
- Access to markets and capital
- Financing the venture – (banks, venture capital, private, govt. loans and grants, etc.)
- Research and development – (technologies, product, processes, marketing, etc.)
- Human resources – (attracting, motivating, compensating and keeping skilled workers)
- Management – (Through all phases planning, startup, R&D, production, marketing)
- Sales and marketing of product and services
- Production and manufacturing
- Selling, customer service and follow-up
The National Research Council of Canada (NRC) has a host of services and information available for the new entrepreneur. Please visit their website for more information.
Innes Robinson Chartered Accountants 