There is a preponderance of Business Plans doomed for failure in the market place. Why is this? And what makes an Effective Plan? Here are some key areas to pay attention to when developing your business plan... The Right Business Plan Process There are a lot of business planning books in the market place which attempt to explain and quantify the Business Planning Process. Some even claim to be the most "Comprehensive", "Final", "End-All and Be-All" Business Planning book. Some are workbooks or software trying to take you step by step through the Business Planning Process. Many of these books…

In this article I will discuss how to incorporate in Ontario for sole proprietor businesses, specifically how to incorporate your business in Ontario online for the quickest and most economical route. There are three steps to incorporate in Ontario: 1) Researching and selecting a business name 2) Going through the Ontario business registration process 3) Obtaining the additional licenses and certifications needed to do business in Ontario Part of the third requirement is to obtain certain tax related material, such as the Goods and Services Tax (GST), payroll tax account, import and export tax account numbers, etc. Before I get…