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Thread: How to register a new business in ontario?

  1. #1
    Join Date
    Sep 2017
    Posts
    1

    How to register a new business in ontario?

    Hi everyone,

    I am Thomas Yung residing in Ontario. I have migrated to Canada in 2015. I am working as a cleaning staff in a restaurant nearby Wabakimi Provincial Park. It's really a low pay drudge work and I have decided to quit.

    Now, I am planning to set up a commercial cleaning business. Operating as part of a franchise might be the way to go since I am very much concerned about the stability of the business. This could provide the security that comes with operating under a known brand that has already experienced a level of success. I am unaware of the formalities and procedures that should be followed to register a business venture. My friends suggested a few online business consultancies providing assistance in registering a new business in Ontario. Please help me find a good one. Thank you!

  2. #2
    Join Date
    Sep 2017
    Posts
    2
    Procedures that should be followed to register a business venture in following steps:
    Step 1. Choose a name for your business.
    Step 2. Conduct a search or searches for your chosen business name to see if another business is using the name you've chosen.
    Step 3. Register your business name.
    Step 4. Register for whatever other licenses, registrations, or certifications you require to legally operate your business.
    Step 5. Upgrade/renew your business name registration as required.

  3. #3
    Join Date
    Mar 2017
    Location
    US
    Posts
    12
    when it comes to franschising business it is a bit different. Here your business is associated with a brand which is not technically yours (Until you become a franchisor).

    I would advise you to hire a couple of professional like a franchising lawyer who will check all the legal requirements like and advise you.

    And an accountant who will check the accounting matters and report to you.

    You just see all the report and take decision according to your needs. This is the best way to run a franchising business i think.

  4. #4
    Join Date
    Aug 2022
    Posts
    8
    Its very intresting

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