Advice needed please, how easy is it to set up a new business?
#1
Advice needed please, how easy is it to set up a new business?
Hello all, My partner has a job offer in Burlington Ontario, so we are looking to emigrate some time this year...still at very beginning of process at the moment (and still possibly deciding!). The million dollar question of, can we live on the salary offer etc...is pressing. We have two children aged 10 and 5 so feel this is the right time to do this for them.
I realise the job market in Canada can be a little difficult to get into as a immigrant. I am toying with a couple of idea's for self employment and wondered if anyone could give me any advice on how hard this would be? One I would need a premises, the other would be working from home with needing outlets to sell from?
Thanks in advance
Yvette.
I realise the job market in Canada can be a little difficult to get into as a immigrant. I am toying with a couple of idea's for self employment and wondered if anyone could give me any advice on how hard this would be? One I would need a premises, the other would be working from home with needing outlets to sell from?
Thanks in advance
Yvette.
#2
Re: Advice needed please, how easy is it to set up a new business?
Hi Yvette, and welcome to BE.
What visa would you be on, is it definitely one that you can work on?
Best of luck with the move.
What visa would you be on, is it definitely one that you can work on?
Best of luck with the move.
#3
Re: Advice needed please, how easy is it to set up a new business?
Hi there, feel a bit silly now!! I am not sure as we are right at the beginning of the process so really don't know. What are the different visa's? I would be moving out there as a sponsored, as I assume my other half is the sponsor having the job offer?
#4
Re: Advice needed please, how easy is it to set up a new business?
Sorry to confuse you straight away, but if you are planning on working, I'd check that out asap just so you know if the move is viable for you or not.
#5
Re: Advice needed please, how easy is it to set up a new business?
In which case, I'd check that first. I'm guessing that your husband would be going over on a Temp Work Permit, and it's not automatic that you'd be able to work. What is the job? Put simply, if it's classed as a 'skilled' job (or to put it less simply, if it's Skill Level A, O or B on the NOC Matrix), you'd be eligible for a Spousal Open Work Permit. But if it's not classed as 'skilled', then you wouldn't be able to work without getting a working visa in your own right, or until you got Permanent Residency.
Sorry to confuse you straight away, but if you are planning on working, I'd check that out asap just so you know if the move is viable for you or not.
Sorry to confuse you straight away, but if you are planning on working, I'd check that out asap just so you know if the move is viable for you or not.
#6
Re: Advice needed please, how easy is it to set up a new business?
Hopefully others will be along with more practical starting up your own business type advice soon too.
#7
Re: Advice needed please, how easy is it to set up a new business?
Sounds like you will qualify for it then, it will be for the same duration as his TWP (i.e. if he gets a year's work permit, you'd get the same but an open one, so yours won't be tied to any employer like his). Best thing to do to double check is just find out his NOC code, which will have been on the LMO application. Do you have a positive LMO yet? I assume so if he's been asked to complete the TWP forms, so that should tell you the NOC code for the job so you can be sure it's 'skilled'.
Hopefully others will be along with more practical starting up your own business type advice soon too.
Hopefully others will be along with more practical starting up your own business type advice soon too.
Thanks for you help as I was unclear on Sooo many levels
#8
Re: Advice needed please, how easy is it to set up a new business?
It is very easy to start up a business but it is more difficult to obtain business loans than you are probably used to in the UK. Credit cards rates are very high here and it seems to be that banks would rather extend credit to individuals on their cards that lend to businesses.
When you are here, it may be easier to obtian a line of credit against your house and use that to fund the new enterprise than hope to obtain a business loan.
My advice would be to ensure that your initial overheads are kept as low as possible. If you wish to, you can then increase them as your receipts increase.
When you are here, it may be easier to obtian a line of credit against your house and use that to fund the new enterprise than hope to obtain a business loan.
My advice would be to ensure that your initial overheads are kept as low as possible. If you wish to, you can then increase them as your receipts increase.
#9
Account Closed
Joined: Feb 2007
Posts: 1,063
Re: Advice needed please, how easy is it to set up a new business?
I asked about this and inquired a while ago, about having your own business.
It turned out that it wasn't classed as employment, and didn't require a work permit.
You still need to pay taxes and adhere to any local zoning rules etc, but the point is you are not taking a job from a Canadian, and indeed may be offering one to a Canadian.
That's what I will be doing when we move to Ontario, and my partner starts working in Burlington.... hey, wait a minute...... are you... ME?
It turned out that it wasn't classed as employment, and didn't require a work permit.
You still need to pay taxes and adhere to any local zoning rules etc, but the point is you are not taking a job from a Canadian, and indeed may be offering one to a Canadian.
That's what I will be doing when we move to Ontario, and my partner starts working in Burlington.... hey, wait a minute...... are you... ME?
Last edited by Dave n Ailsa; Feb 16th 2012 at 3:16 pm.
#10
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Advice needed please, how easy is it to set up a new business?
It is not possible to give any meaningful advice unless you tell us what sort of businesses you are thinking of.
#11
Re: Advice needed please, how easy is it to set up a new business?
It is very easy to start up a business but it is more difficult to obtain business loans than you are probably used to in the UK. Credit cards rates are very high here and it seems to be that banks would rather extend credit to individuals on their cards that lend to businesses.
When you are here, it may be easier to obtian a line of credit against your house and use that to fund the new enterprise than hope to obtain a business loan.
My advice would be to ensure that your initial overheads are kept as low as possible. If you wish to, you can then increase them as your receipts increase.
When you are here, it may be easier to obtian a line of credit against your house and use that to fund the new enterprise than hope to obtain a business loan.
My advice would be to ensure that your initial overheads are kept as low as possible. If you wish to, you can then increase them as your receipts increase.
Have you set up your own and if so is it going ok?
#12
Re: Advice needed please, how easy is it to set up a new business?
I asked about this and inquired a while ago, about having your own business.
It turned out that it wasn't classed as employment, and didn't require a work permit.
You still need to pay taxes and adhere to any local zoning rules etc, but the point is you are not taking a job from a Canadian, and indeed may be offering one to a Canadian.
That's what I will be doing when we move to Ontario, and my partner starts working in Burlington.... hey, wait a minute...... are you... ME?
It turned out that it wasn't classed as employment, and didn't require a work permit.
You still need to pay taxes and adhere to any local zoning rules etc, but the point is you are not taking a job from a Canadian, and indeed may be offering one to a Canadian.
That's what I will be doing when we move to Ontario, and my partner starts working in Burlington.... hey, wait a minute...... are you... ME?
#13
Re: Advice needed please, how easy is it to set up a new business?
Fashion exchange for women, but I don't know how that will go down with Canadians. I will obviously need to do my homework when I arrive. While we were in Ontario I could not see any kind of second hand retail, but, we were not there for long.!
#14
Re: Advice needed please, how easy is it to set up a new business?
The fact that you've got fashion and Canadians in the same sentence may mean you need to research a bit more.