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[职业] Starting a business In Canada

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发表于 5/11/2018 17:01:13 | 显示全部楼层 |阅读模式
name.Starting a business
The steps you need to consider before operating a business in Canada.


1. Planning a business
Assessing your readiness, choosing a business structure, market research and writing a business plan.
2. Choosing a business name
Selecting a good name, checking if a name is taken, registering and protecting your business name.

3. Registering your business with the government
How to register and incorporate your business, plus applying for a business number or tax account.
4. Applying for permits and licences
Permits and licences that you may need from all three levels of government.

5. Getting business support and financing
National and regional business support, immigrant and aboriginal entrepreneurs, and financing programs.

Services and informationWhy consider entrepreneurship
The benefits of starting a business and being your own boss.
Developing your business idea
How to turn your idea into a profitable business model.

Writing a business plan
How to write a business plan, business plan templates and sample business plans.
Buying a business or starting your own
The benefits and challenges of buying an existing business versus starting one from scratch.

Types of business ownership
Determining whether incorporation, partnership or sole proprietorship is right for your business.
Choosing and setting up a location for your business
Selecting a retail or commercial space, working from home, renting and leasing.

Small business survival statistics
Research and statistics on small business survival, plus tips to avoid common pitfalls.







 楼主| 发表于 5/11/2018 17:04:38 | 显示全部楼层
Business planning
Find out how to write a business plan and access templates, sample business plans, market research information and statistics.
  • Why do you need a business plan?
    A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow.
  • Writing your business plan
    Know what elements are considered essential in any business plan and the key points that should be included in each section of your plan.
  • Sample business plans and templates
    Find sample business plans, free templates, writing guides and interactive tools to help you develop a professional business plan.
  • Business planning FAQs
    Find the answers to questions often asked about preparing a business plan.
  • Business continuity planning
    Is your business ready to handle emergencies? Find out how to prepare and implement a business continuity plan.
  • Succession planning
    Find the right strategy for selling your business or handing it over to someone else.
  • Market research and statistics
    Learn more about market research, how to conduct it, and where to find free information and statistics to support your market research project.

  • Start and grow a social enterprise
    Are you ready to turn your social mission into a social enterprise? Find resources to help you start, manage and grow your organization.



 楼主| 发表于 5/11/2018 17:16:16 | 显示全部楼层
Sample business plans and templates
Sample business plans and templates can help you develop a professional document that will serve as an in-depth marketing tool to convince others of your venture's potential for success. However, creating your own plan can be a complex process, and you may need the assistance of a professional (like an accountant) depending on the type of business you have (or want to run), and what you are seeking in terms of investment.
An excellent place to start your search for good examples of business plans is the Canada Business Network office in your region. Our Business Information Officers are able to provide you with access to materials that can be tailored to your needs. Your local Canada Business Network centre offers a wealth of information, including practical tools, guides, and specific examples on how to start the planning process.
  • Contact the Canada Business Network
    The Canada Business Network has centres across the country that offer guidance, information and resources to help make your journey in business a success.

Business development organizations and Canadian banks have free templates, writing guides, sample plans, and even interactive tools available online. These resources allow you to walk through a plan line by line. You will get a sense of the information you might be asked to provide when you are looking for financing, for example.
While many of these online tools are free, you may choose to purchase software that will help you prepare your plans and forecasts.
Business development organizations
These organizations may provide tools to help their clients prepare professional business plans through their regional offices or via the Web.
Canadian banks
If you approach a bank for help with financing, the bankers will want your business plan to include the specific information they need to make their decision. These requirements may vary from one bank to another, and from one type of business to another. Therefore, if you know which institution(s) you would like to speak with, it's a good idea to see what key sections they would like included.

 楼主| 发表于 10/3/2020 13:51:20 | 显示全部楼层
Turning your idea into a successful businessThere's no doubt that successful businesses start with brilliant ideas. After all, in today's fiercely competitive environment, innovation is the ammunition entrepreneurs need to stand out in the crowd.
Many newcomers to the business world may assume that starting a new business is necessarily linked to an invention. And although this may play an important part in some pioneering companies, most business concepts are in fact all about tweaking existing ideas—or finding new ways to do old things.
For example, a company selling a Web-based customer service monitoring tool is simply improving on the long-accepted premise that successful businesses have to keep an eye on their customers' needs.


However, finding the right niche, based on what you do best and the potential market situation, demands both careful planning and research. Even the best products may not necessarily find buyers because markets change and customers are fickle.
There are no clear recipes for starting a new business, but here are a few guidelines that can help you get going in the right direction.
Look for windows of opportunity
Astute observation is your best ally when looking for unique ideas. Start by assessing exactly what you do well. It's a much safer bet to venture into familiar territory where you can use your existing strengths. For example, if you work in the pharmaceutical industry then you could branch out into health care.
Here are some helpful hints:
  • Do what you're passionate about. Enthusiasm ignites the interest of lenders. Choose ideas that enable you to act now. You need to move swiftly before your idea fizzles.
  • Be specific about your business goals. For example, you want to reach this specific market with a specific product.
  • Look around you for windows of opportunity such as taking over a family business.
  • Start a business doing something that your existing company isn't doing.
  • Keep your eye on the franchise market.
  • Read business publications and stay informed of growth areas. For example, the rapidly changing health sector, fueled by the explosion of biotechnology, provides endless business opportunities.
Find your market niche
The potential success of a product or service involves a myriad of factors, including the design, features, potential profit margin and sales volume projections.
Apart from patenting inventions, you can assess these possibilities for product development.
  • New product lines that are absolutely new to the market and enable you to create your own niche, revolutionize or create markets.
  • Product revisions/replacements that enable you to build on your existing product line.
  • Repositioned products, that uncover new applications for your products or new customers for current products.
  • Products that copy those produced by others, but where there is a market for many competing versions.
Use the following quick checklist when defining your market niche.
  • What are the needs of your prospective customers? Ask yourself: How will your business meet those needs? Identify unmet needs.
  • What are your customer's desires? A market need could also be a deficiency, for example, a product that lacks post-sales service.
  • What problems does your product or service solve? Does it make your customer's life simpler?
It’s important to define your ideal customers clearly.
  • Who exactly are my target customers?
  • Why do my customers buy?
  • How do my customers define value?
  • What makes my product or service superior to that of my competitors?
  • Why do my prospective customers buy from my competitors?
  • How can I offset that perception and get my competitors’ customers to buy from me?
Present your idea with a strong business plan
Take your creative thinking and put it on paper. A business plan is your tool to sell your idea to lenders, investors and existing shareholders. Lack of clarity, poor information, and the absence of a strategic orientation are the main deficiencies in most business plans.
Make sure you allow time to put a plan together with all the appropriate details, such as positioning, market analysis and financials. Projects developed with the help of an expert in the target market get the best reception.
Get yourself a mentor
Getting a business off the ground is not an easy task. Many projects never amount to much because they are not taken seriously, or because they lack adequate follow-up or support.
You will increase your chances of success considerably by seeking advice from someone with business experience, often called a mentor. These business leaders provide management advice, suggest sources of financing, and frequently offer their young protégés internship opportunities to hone leadership qualities in the field.
Futurpreneur Canada and many chambers of commerce have mentoring programs designed to facilitate contacts between business leaders and budding entrepreneurs. Local economic development centres and some business leaders' associations offer similar programs.




 楼主| 发表于 10/3/2020 14:38:20 | 显示全部楼层
Taxation Guide

Table of contentsIntroduction
When you operate a business in Ontario, you are responsible for charging, collecting and remitting the appropriate taxes. Your business type, location and legal structure will determine which taxes will apply to you, and what you will need to submit. This guide will give you an overview of the different taxes that may affect your business and provide you with information on tools, programs and services that can help you meet your business tax obligations.
The basics
It is important to know which taxes to charge, collect and remit on the goods and services you sell. Common tax requirements for businesses in Ontario include:
Business Number/HST
Your Business Number is your single account number for dealing with the federal government regarding taxes, payroll, import/export and other activities. If you plan to hire employees, or if you will be importing and/or exporting products or services, you must register for a business number.
If you sell goods and services in Ontario, you may need a business number to charge, collect and remit the Harmonized Sales Tax (HST). Most businesses that make less than $30,000 in any 12-month period are not required to register for HST; however, you can register voluntarily and claim input tax credits. Speak with the Canada Revenue Agency (CRA) for more information.
Contact CRA:
1-800-959-5525
GST/HST
Business Number (BN) registration
Charging sales tax outside of Ontario
When you sell products or services to customers that are located in other provinces, territories or countries, you may be required to charge taxes based on their location. Regulations may also vary depending on the method of selling (e.g. online sales, mail orders, phone orders). To get the requirements for selling to non-Ontario customers, contact the appropriate tax office for the province, territory or country where your customers are located.
Taxpayer rights
As a small business, there are taxpayer rights and commitments that apply to you. You can learn more by visiting the Canada Revenue Agency website
To help you manage your business tax accounts, the following services are available from the federal and provincial governments:
My Business Account
You can register for a business account that gives you online access to your Canada Revenue Agency accounts, including GST/HST, payroll, corporation income taxes, excise taxes and excise duties.
ONT-TAXS
You can get Ontario tax information and manage your tax accounts through the Ontario Ministry of Finance’s Ontario Tax Services (ONT-TAXS). You can set up a secure account online, or access information through the ONT-TAXS toll-free number.
Contact the Ministry of Finance:
1-866-ONT-TAXS (1-866-668-8297)
ONT-TAXS Online
Income tax
When you operate a business in Ontario, you need to keep track of your business income and report the information to the Canada Revenue Agency. If you are self-employed, or if your business is a partnership, you are responsible for including your business income and expenses on your personal income tax return. If your business is incorporated, you are required to file a separate corporate tax return.
Reporting self-employed income
If you are self-employed and not incorporated, you must report your business income on your T1-General income tax return. Any money that you make through your business must be claimed on your tax return. Business expenses that you are claiming should also be included. Contact the Canada Revenue Agency for a complete list of the required forms, or for more information on claiming business income and expenses.
Contact Canada Revenue Agency:
1-800-959-5525
Small businesses and self-employed
Reporting corporate income
Corporations have requirements for filing taxes that differ from the requirements for sole-proprietorships and partnerships. If you own or operate a corporation, you will be required to file a corporate income tax return with the Canada Revenue Agency (CRA).  For more information on taxes for incorporated businesses in Ontario, contact CRA or refer to our corporate tax guide.
Contact CRA:
1-800-959-5525
Corporate taxation guide
Municipal taxes
Each municipality sets tax rates that may apply to your business, including rates for commercial property tax. Depending on your location and the types of products or services you are offering, different municipal taxes could apply to your business. To learn more about local tax requirements that will affect your business, contact your local municipal tax office.
Tax information for employers
When your business employs people, you are responsible for payroll deductions and must register for a business number with the Canada Revenue Agency (CRA). To register for a business number or to get more information on payroll deduction like Employment Insurance (EI) and the Canada Pension Plan (CPP), contact CRA directly.
Contact CRA:
1-800-959-5525
Business Number (BN) registration
Employer Health Tax (EHT)
If your business is permanently located in Ontario, you are required to pay EHT on payroll paid to employee wages, unless your business is exempt. In general, the first $450,000 of your annual payroll may be exempt from EHT. If you are a private sector employer (including a member of an associated group of employers) with total Ontario remuneration of over $5 million you are not eligible for the exemption.There may also specific rules that apply if your business is a registered charity.
You can get more information on the EHT requirements by contacting ServiceOntario.
Contact ServiceOntario:
1-800-267-8097
Employer Health Tax - Guide for employers
Payroll Deductions Online Calculator
The Canada Revenue Agency’s online payroll deduction calculator can help you determine how much to deduct from your employee’s pay. You are able to calculate the amount of federal and provincial payroll deductions that are required, including Canada Pension Plan (CPP) and Employment Insurance (EI).
Keeping and correcting tax records
The Canada Revenue Agency (CRA) offers information on how long to keep tax records, how to make appeals, and how to correct errors on previous tax dealings. Refer to the links below for details on a specific topic.
Retention and destruction of books and records
You are responsible for keeping accurate tax records and making them available to CRA or the Ministry of Finance if requested. Learn more about what to keep and how long to keep it.
Read online:
Objections and appeals
You can dispute tax assessments or taxes imposed on your business under the Income Tax Act through CRA’s Appeals Branch.
Voluntary Disclosures Program
If you need to correct incomplete or incorrect information on previous dealings with CRA, you can provide the corrected information without penalty or prosecution through this program.
Other resourcesGovernment acts and legislation
The tax-related acts and legislation covered in this guide include, but are not limited to the following:
If you are interested in reading more about laws and regulations that could apply to your small business, or if you would like to stay up to date on new legislation, you can refer to the following resources:
Provincial laws, regulations, consultations and announcementsFederal laws, regulations, consultations and announcements
You can also find books, magazines and other relevant print material at business service organizations in your community. For more information or to locate a local business centre, contact us at 1-888-576-4444.









Contact Us1-888-576-4444


Related Topics



Top Business Essentials















 楼主| 发表于 10/3/2020 14:39:19 | 显示全部楼层
Business Regulations Guide

Table of contentsIntroduction
Whether you are starting or growing your business, you need to be aware of business regulations. Regulations set the standards and rules that ensure the Canadian marketplace is safe, consistent and fair to everyone.
Depending on the product or service you are offering or where your business is located, you may need to meet regulation standards from any or all of the following:
  • Federal government
  • Provincial governments
  • Municipal governments
  • Industry associations
  • Regulatory bodies (colleges, government-approved organizations)
Your business may need licences and permits from the federal, provincial and municipal levels of government.
In addition to the information you will find in this guide, you can use BizPaL to find licences and regulations that may affect your business. You can also contact us to speak to someone about starting your business.
Contact us:
1-888-576-4444
Permits and licences search
Legal questions
You can contact Pro Bono Ontario’s free legal advice hotline to enquire about getting help with your everyday civil legal needs (no family law or criminal law). The service is generally aimed at those who cannot afford a lawyer.
Note that service is not guaranteed and you will be asked questions as part of the qualifying process, such as the amount of personal income earned by your household, your name, postal code and age range.
Contact Pro Bono Ontario’s Free Legal Advice Hotline:
1-855-255-7256
*
You can also contact the Law Society of Ontario's Law Society Referral Service if you have legal questions of a business nature. The service may be able to assist you in finding a lawyer or paralegal, based on your needs.






Accessibility
You are responsible for ensuring that your business is accessible to people with disabilities. To learn more about making your business accessible to staff and customers, consult the following:
Accessibility laws
Make sure that your Ontario business meets accessibility standards for customer service, transportation, information and communications, built environments, employment and filing your compliance report.
Contact the Accessibility Directorate of Ontario:
1-866-515-2025
Accessibility laws
Consumer products: labelling and safety
The label you put on your product is an important way of communicating the value of that product to potential customers. You can use your labels to sell the benefits of your product to your clients, but you must follow labelling rules and standards.
The rules can be more restrictive for some types of products than for others. You should research the regulations and standards for your product before selling them.
Consumer products labelling (non-food)
There are labelling standards for everyday consumer products, such as t-shirts, office supplies and pet food, that you need to know about before you begin selling products.
The Competition Bureau regulates labelling for most “non-food” consumer products. To learn more about the rules for packaging, labelling and advertising your products, contact the Competition Bureau directly or refer to the following link:
Contact the Competition Bureau:
1-800-348-5358
Labelling corner
The Competition Bureau also publishes individual guides on labelling requirements for certain business activities and consumer products. Refer to the following guides if you need more information on a specific aspect of labelling:
Labelling - Packaging consumer products (non-food)
Learn about your responsibilities when packaging and labelling consumer products (including pet food).
Labelling – textiles
Find out what your responsibilities are when labelling textiles, including how to register for a CA number.
Made in Canada
Learn about the rules and regulations for using claims like "Designed in Canada" or "Made in Canada" to promote your products.
Consumer product safety
If you manufacture, import, distribute or sell products in Canada, you are responsible for ensuring that they are safe. Health Canada provides information on the regulations for clothing, accessories, hazardous materials, household products and children’s products.






Food: labelling and safety
Food safety and proper labelling is an important concern for Canadians. Labelling standards for food products help make sure that consumers have the information they need about the food they are purchasing. If you plan on packaging, distributing or selling food products in Canada, you must make sure they meet labelling standards.
Food safety and labelling
Your local health unit is the main contact for information on food safety and inspections.
Contact your local health authority to arrange an inspection of your business location, equipment and processes and make sure your business is complying with provincial and federal legislation.
The following link provides contact information for local health authorities that inspect food businesses in Ontario.
You also need to follow safety standards and labelling rules if you produce, service, process or manufacture food.
Canadian Food Inspection Agency (CFIA)
Most businesses that buy, sell, ship, process or manufacture food will have CFIA regulations to follow.
These regulations may require you to:
  • Obtain a licence
  • Keep records
  • Properly label packaged foods
Activities that are regulated include:
  • Importing foods for re-sale
  • Selling food to the public, retail food sales
  • Shipping food products to another province or territory
  • Producing, manufacturing or advertising food products
Check with the CFIA to find out which requirements apply to your business.
Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA)
You may have regulations or inspection standards to follow if you produce, transport or manufacture specific food products in Ontario. Regulated products include dairy, eggs, fish, meat, honey and other plant-based products. Contact the Ministry directly to find out what will apply to your business.
Contact OMAFRA:
1-877-424-1300
Regulations for the food industry






Food labelling and advertising
Learn about the standards that apply to labelling and advertising for all food products in Canada, including how to appropriately show net quantity, quality and composition. Food labelling requirements apply to producers, manufacturers, advertisers, importers and retailers of food products.
Contact Canadian Food Inspection Agency (CFIA):
1-800-442-2342
Food labelling for industry
Ontario-specific food labelling regulations
Find out about Ontario’s food labelling regulations for specific food products like honey, meat, maple products, and more.
Contact Ontario Ministry of Agriculture and Food and Rural Affairs (OMAFRA):
1-877-424-1300
Label Requirements for Produce in Ontario
Foodland Ontario
Use the Foodland Ontario logo as a marketing tool for your business. You can use the logo, free of charge, on eligible Ontario food products.
Contact Foodland Ontario:
1-877-424-1300
How to use the Foodland Ontario logo
Municipal Regulations
Many municipalities have licences specific to food handling or food preparation. If your municipality is not listed in BizPaL, or you are not sure what municipality your business falls under, you can contact the Association of Municipalities of Ontario (AMO) for information on what municipal regulations, licences or permits will be needed to operate your business.







The following government guides provide additional information on rules and regulations related to food safety:
Workplace health and safety
As a business owner, you are responsible for ensuring that your products and services are safe and your employees work in a healthy, safe environment.
Most employees, employers and workplaces in Ontario are covered by occupational health and safety regulations. As an employer in Ontario, your obligations include a duty to instruct, inform and supervise your workers in order to protect their health and safety.
Ministry of Labour, Training and Skills Development
Preventing workplace illness and injury is an important part of your responsibility towards your employees and in creating a healthy and safe work environment.
You can find out more about prevention training requirements and resources for you and your employees from the Ontario Ministry of Labour, Training and Skills Development's Health & Safety Contact Centre.
Contact the Ministry of Labour, Training and Skills Development:
1-877-202-0008
Ministry of Labour, Training and Skills Development – Prevention
Workplace Safety and Insurance Board (WSIB)
The WSIB is dedicated to helping you with workplace injuries, illnesses and fatalities.

Most employers are legally required to register with the WSIB within 10 days of hiring an employee. You will get several benefits from registration, including:
  • No-fault workplace insurance
  • Help getting your injured employees back to work
  • Protection from lawsuits
Note: You will be required to pay an insurance premium.
Contact WSIB:
1-800-387-0750
The Workplace Safety and Insurance Board
To learn more about regulations for hiring employees, read our guide:
Employment regulations guide: hiring
Health regulations
If your business produces or sells health products or cosmetics, you are required to know what licences, permits and tests are needed before you produce and sell your product. Health Canada regulates health products and medical devices in Canada. To learn about the requirements for health products and medical devices, refer to the information below:
Drugs and health products (therapeutic)
You are responsible for ensuring that the drugs and health products you produce or sell are approved for use in Canada. The regulations apply to products such as cough and cold medicine, over the counter drugs, toothpaste and antiperspirant.
Contact Health Canada:
1-800-267-9675
Drugs and health products
Medical devices
If you produce or sell medical devices, you must ensure that they have accurate labels and meet Health Canada’s standards. The labels must list the materials used, evidence of the product's safety, as well as the recall and correction procedures.
Contact Health Canada's Medical Devices Bureau:
613-957-0368
Medical devices
Medical device inspections
Natural health products
Your natural health products must meet Canadian standards for importing, distributing, storing, manufacturing, packaging, and labelling before you can sell them in Canada.
Cosmetics
If you are producing or selling cosmetics products, you must ensure that they meet Health Canada's cosmetics standards and labelling requirements.
Contact Health Canada:
1-866-662-0666
Regulatory information for cosmetics
Tobacco regulations
Tobacco regulations affect almost every business. Rules apply if you are importing, exporting, transporting, storing, processing, selling, or marketing tobacco products, as well as for your staff or customers who want to smoke.
In addition to the federal and provincial information listed below, contact the municipality where you will be operating for information on local tobacco laws.
Smoke-Free Ontario
Find out what your responsibilities are for marketing, packaging or displaying tobacco products. You must also follow the regulations that apply to smoking in public places like offices, shops, or bars and restaurants.






Tobacco Retail Dealer's Permit
In order to sell tobacco products, you are required to have an Ontario Tobacco Retail Dealer's Permit. If you plan on importing tobacco products, you will also need an importer's registration certificate.
Stocking or selling illegal (or contraband) cigarettes that do not have an Ontario tax mark (yellow tear strip) is prohibited. Unauthorized possession of unmarked cigarettes may result in penalties, fines, imprisonment and forfeiture of the product.
There are also other commercial activities in the tobacco sector that require registration with the Ontario Ministry of Finance.






Tobacco control
If you plan to produce or import tobacco products, or plan to allow the consumption of tobacco products in areas under federal control, make sure you are complying with Health Canada’s tobacco regulations.
Contact Health Canada:
1-866-318-1116
Tobacco legislation
Trade certification
In Ontario, you need to be certified to work in certain trades. If you or your employees will be working in the trades, you must ensure that you meet any mandatory certification requirements. Examples of trade positions that require training or certification include:
  • Automotive electronic accessory technician
  • Electrician: domestic & rural
  • Refrigeration & air conditioning systems mechanic
  • Crane operators
  • Sheet metal workers
  • Plumber
  • Hairstylist
You can often become certified in your trade even if certification is not mandatory. A complete listing of regulated trades and more information about mandatory and voluntary trade certification is available from the Ontario College of Trades (OCT).
Note: The Ontario skilled trades and apprenticeship system is changing. You can find more details about these ongoing changes on the ServiceOntario website: Skilled trades and apprenticeship system changes
Contact OCT:
1-855-299-0028
Trades in Ontario
Media usage
Media related industries, like music, movies, television broadcasts, phone services and internet services are regulated in Canada. If your business will be offering, using or working with these types of media, it is important to be aware of the following:
Telecommunications regulations
If you work in the telecommunications industry, including television and radio broadcasting, you should contact the Canadian Radio-television and Telecommunications Commission (CRTC) for information on the regulations that may apply to your business.
Contact CRTC:
1-877-249-2782
Licences
Music licence
When your business uses recorded music, you are responsible for obtaining the right licence(s) for that use. Contact the following organization for more information:
Entandem
Organizations that use music are legally required to obtain applicable RE:SOUND and SOCAN licences. Entandem enables businesses that use music to complete both licences at one time, through a single music license, so that rights-holders can be compensated for what they have fairly and legally earned through their work.







Financial transactions and loans
Many types of financial transactions are regulated in Canada. If your business offers financial services or works with businesses that do (e.g. accounting or legal services), you should consult the following:
Financial transactions and reporting
You are required to report certain types of business transactions, including:
  • Large financial transfers
  • Currency exchange
  • Securities
  • Insurance
  • Real estate
  • Sale of precious metals and stones
  • Dealing in virtual currency
Contact Financial Transactions and Reports Analysis Centre of Canada (FINTRAC):
1-866-346-8722
FINTRAC – reporting entities
Financial services regulations
If you have a financial service business, such as a credit union, insurance company or mortgage brokerage, contact the Financial Services Regulatory Authority of Ontario (FSRA) for information on licensing and regulations.
Contact FSRA:
1-800-668-0128
FSRA – For industry
Payday lenders and loan brokers’ licences
You must be licensed if you provide payday loans or broker services.
Contact Ministry of Government and Consumer Services:
1-800-889-9768
A guide for payday lenders
Environmental regulations and inspections
You may need to follow environmental regulations and meet certain environmental standards depending on your business activities.
Common environmental regulations that apply to businesses in Ontario include:
Ontario environmental Certificate of Approval
You will need a Certificate of Approval from the Ministry of the Environment, Conservation and Parks (MOECC) if your business:
  • Releases contaminants (pollutants) into the air, onto land, or into water
  • Provides potable water supplies
  • Stores, transports or disposes waste
Contact MECP:
1-800-461-6290
Environmental approvals
Permits to take water
Learn about permits that are required if your business takes more than 50,000 litres of water a day from a lake, river, stream or groundwater source.
Drinking water
Learn about the rules, reporting requirements, certification, licensing, registration and permits for water systems in Ontario, including wells and wastewater.
Read Online:
Drinking water
Wild animal and plant trade
If you will be importing, exporting or transporting certain wild animal or plant species, you must obtain the appropriate documents (e.g., licences, permits). The regulations apply to all protected plants or animals, alive or dead, as well as to their parts and any derived products.
Contact Environment and Climate Change Canada:
1-800-668-6767
Wild animal and plant protection
Firearms, fireworks and explosives
The use of firearms and explosives is regulated in Canada. Additional regulations will apply to your business if you buy or sell firearms, fireworks or explosives.
Explosives Regulatory Division
You must obtain a permit to manufacture, store or use fireworks and explosives devices.
Contact Natural Resources Canada:
613- 948-5200
Explosives Regulatory Division
Canadian Firearms Program
Your business must be licensed to buy, sell, import, export or display firearms and munitions. You may need additional licences and permits if your business will be using restricted weapons or firearms.
E-business
When doing business online, there are a number of legal requirements that you should be aware of, such as providing secure credit and debit card transactions. Make sure you know the rules for selling to customers outside of Ontario, creating contracts at a distance and any taxation that may apply.
Privacy and protection of personal information
There are rules that you must follow if you collect, use, store and protect client information. These rules cover information like contact information, medical records and correspondence (email, fax, letters).
You can learn more about privacy and your business from the following resources:
Personal information protection
Find out what client information you can collect, use, or disclose while doing business, and what responsibilities you have to protect this information.
Note that as of November 1, 2018, businesses need to comply with new mandatory personal data breach reporting rules.
Medical record regulations
Find out what your obligations are if your business will be handling medical records, or working with organizations involved in the collection of health information.
Contact the Information and Privacy Commissioner of Ontario:
1-800-387-0073
Collecting personal information
Personal information collection
If you run a business that collects personal information (e.g. collection agencies, consumer reporting agencies, personal information investigators), you need to be licensed with the Ministry of Government and Consumer Services (MGCS).

Contact MGCS:
1-800-889-9768
Licenses, applications and permits
Other resources
The information and resources provided in this guide are a first step towards learning about the regulations that can affect your business. You may want to consult the following resources for additional information:
Provincial laws, regulations, consultations, and announcementsFederal laws, regulations, consultations, and announcements
You can also find books, magazines and other relevant print material at business service organizations in your community. For more information or to locate a local business centre, contact us at 1-888-576-4444.










 楼主| 发表于 10/3/2020 16:53:55 | 显示全部楼层
Registering Proprietorships & Partnerships
Follow the steps below to register your proprietorship or partnership.

1. Request and Reserve a Business Name
You will be asked to provide three different name choices, ranked in order of your preference. Once your name request is approved, it is reserved for a period of 56 calendar days to give you time to complete the next steps
2. Register Your Business
After you have completed the name approval process and received your Name Request (NR) number, you are ready to register your proprietorship or partnership. The fee for registration is $40.
Register Online
Registering online with OneStop Business Registry means your form is automatically submitted to us. You can also complete other registrations you need at the same time.
Use a Paper Form
If you are unable to complete an online registration, complete one of the following forms and submit it to us in person or by mail.
In Person: Take your completed Statement of Registration form to your local Service BC Centre or OneStop Service location, along with cash, debit or credit card.
By Mail: Send your completed Statement of Registration form  along with a cheque or money order (made payable to the Minister of Finance) to the address on the form.
Your statement of registration must reach our office prior to your name reservation expiry date (56 days after approval). If not, you will be required to reapply for the name request and pay the name approval fee again.
Once your request reaches our office, it normally takes five working days to process your Statement of Registration. A certified copy of your Statement of Registration will be returned to you by mail. If you do not receive your certified copy within four weeks, contact BC Registries and Online Services at 1-877-526-1526.


 楼主| 发表于 10/4/2020 14:51:58 | 显示全部楼层
Best ways to invest in real estate1. Buy REITs (real estate investment trusts)
REITs allow you to invest in real estate without the physical real estate. Often compared to mutual funds, they’re companies that own commercial real estate such as office buildings, retail spaces, apartments and hotels. REITs tend to pay high dividends, which makes them a common investment in retirement. Investors who don’t need or want the regular income can automatically reinvest those dividends to grow their investment further.

New investors may want to stick to publicly traded REITs, which you can purchase through an online broker.

Are REITs a good investment? They can be, but they can also be varied and complex. Some trade on an exchange like a stock; others aren’t publicly traded. The type of REIT you purchase can be a big factor in the amount of risk you’re taking on, as non-traded REITs aren’t easily sold and might be hard to value. New investors should generally stick to publicly traded REITs, which you can purchase through brokerage firms.
For that, you’ll need a brokerage account. If you don’t already have one, opening one takes less than 15 minutes and many companies require no initial investment (though the REIT itself will likely have an investment minimum).
The online brokers below all offer publicly traded REITs and REIT mutual funds:

2. Use an online real estate investing platform
If you’re familiar with companies such as Prosper and LendingClub — which connect borrowers to investors willing to lend them money for various personal needs, such as a wedding or home renovation — you’ll understand online real estate investing.
These platforms connect real estate developers to investors who want to finance projects, either through debt or equity. Investors hope to receive monthly or quarterly distributions in exchange for taking on a significant amount of risk and paying a fee to the platform. Like many real estate investments, these are speculative and illiquid — you can’t easily unload them the way you can trade a stock.
The rub is that you may need money to make money. Many of these platforms are open only to accredited investors, defined by the Securities and Exchange Commission as people who’ve earned income of more than $200,000 ($300,000 with a spouse) in each of the last two years or have a net worth of $1 million or more, not including a primary residence. Alternatives for those who can’t meet that requirement include Fundrise and RealtyMogul.

3. Think about investing in rental properties
Tiffany Alexy didn’t intend to become a real estate investor when she bought her first rental property at age 21. Then a college senior in Raleigh, North Carolina, she planned to attend grad school locally and figured buying would be better than renting.

House hacking allows you to live in your investment property while renting out rooms or units.

“I went on Craigslist and found a four-bedroom, four-bathroom condo that was set up student-housing style. I bought it, lived in one bedroom and rented out the other three,” Alexy says.
The setup covered all of her expenses and brought in an extra $100 per month in cash — far from chump change for a grad student, and enough that Alexy caught the real estate bug. Now age 27, she has five rentals and is a broker and owner of Alexy Realty Group in Raleigh.
Alexy entered the market using a strategy sometimes called house hacking, a term coined by BiggerPockets, an online resource for real estate investors. It essentially means you’re occupying your investment property, either by renting out rooms, as Alexy did, or by renting out units in a multi-unit building. David Meyer, vice president of growth and marketing at the site, says house hacking lets investors buy a property with up to four units and still qualify for a residential loan.
Of course, you can also buy and rent out an entire investment property. Find one with combined expenses lower than the amount you can charge in rent. And if you don’t want to be the person who shows up with a toolbelt to fix a leak — or even the person who calls that person — you’ll also need to pay a property manager.
“If you manage it yourself, you’ll learn a lot about the industry, and if you buy future properties you’ll go into it with more experience,” says Meyer.
4. Consider flipping investment properties
This is HGTV come to life: You invest in an underpriced home in need of a little love, renovate it as inexpensively as possible and then resell it for a profit. Called house flipping, the strategy is a wee bit harder than it looks on TV.
“There is a bigger element of risk, because so much of the math behind flipping requires a very accurate estimate of how much repairs are going to cost, which is not an easy thing to do,” says Meyer.
His suggestion: Find an experienced partner. “Maybe you have capital or time to contribute, but you find a contractor who is good at estimating expenses or managing the project,” he says.
The other risk of flipping is that the longer you hold the property, the less money you make because you’re paying a mortgage without bringing in any income. You can lower that risk by living in the house as you fix it up. This works as long as most of the updates are cosmetic and you don’t mind a little dust.
» Which is better? Real estate vs. stocks
5. Rent out a room
Finally, to dip the very edge of your toe in the real estate waters, you could rent part of your home via a site like Airbnb. It’s house hacking for the commitment-phobe: You don’t have to take on a long-term tenant, potential renters are at least somewhat prescreened by Airbnb, and the company’s host guarantee provides protection against damages.
Renting out a room feels a lot more accessible than the fancy concept of real estate investing. If you’ve got a spare room, you can rent it.
Like all investment decisions, the best real estate investments are the ones that best serve you, the investor. Think about how much time you have, how much capital you’re willing to invest and whether you want to be the one who deals with household issues when they inevitably come up. If you don’t have DIY skills, consider investing in real estate through a REIT or a crowdfunding platform rather than directly in a property.

 楼主| 发表于 10/4/2020 14:53:39 | 显示全部楼层
本帖最后由 郭国汀 于 10/4/2020 15:26 编辑

How to invest in real estate to build long-term wealth[size=0.875]Tanza Loudenback
Tanza Loudenback Jul 15, 2019, 7:40 AM

How to invest in real estate to make money
1. First, get your finances in order
Before getting in to any type of real estate investment, get the rest of your financial house in order — establish an emergency fund, pay off consumer debt, and automate your retirement savings.
Real estate is a particularly expensive investment, so you need to have cash on hand for a down payment (or to buy the property outright) and a reserve to dip into if and when something needs fixing, which should be entirely separate from your everyday emergency fund.
2. Try investing in an REIT
If you want to wade into real estate, investing in a real estate investment trust (REIT) will provide exposure to the market without the time and cost commitment of buying your own property.
Equity REITs, the most common type of REIT, allow investors to pool their money to fund the purchase, development, and management of real estate properties. An REIT focuses on a specific type of real estate, such as apartment complexes, hospitals, hotels, or malls. Ninety percent of annual earnings — usually in the form of rental income — are returned to the investors as dividends.
If you want to keep your investment liquid, stick to publicly traded REITs. You can buy shares through a brokerage firm, IRA, or 401(k).
If you're willing to part ways with your money for the potential to earn greater returns, consider investing in the private real estate market through an online broker like Fundrise.
Fundrise helps you invest in real estate projects around the US without having to actually manage them. Investors can choose a portfolio to invest in based on their goals — either supplemental income, balanced investing, or long-term growth — and earn dividends quarterly. Fundrise says its platform is best for investors who have a time horizon of at least five years.
3. Get to know the local housing market
If you do plan on buying your own investment property, start by getting to know the local market — or better yet, stay in your own neighborhood.
Talk to real estate agents and locals; find out who lives in the area, who is moving to the area, and why; and analyze price history. In short: Do your research.
4. Build a local team
Successful real estate investing is as much about what you know as who you know, said Boston-based realtor and real estate investor Dana Bull.
"I think if you really want to get into real estate investing, you need to focus on building relationships with people — because that's what real estate is, it's a relationship-based business," Bull previously told Business Insider.
Build a team of real estate agents, contractors, attorneys, and accountants who can all help your business run smoothly, she said.
5. Keep it simple
A simple strategy can go a long way in real estate investing. If your goal is to generate passive income, don't be fooled into believing you need to go big to make it happen. Early retiree and real estate investor Chad Carson of CoachCarson.com says it's best to start small and keep your expenses low.
"In my mind, the game of rental properties is eventually getting it free and clear of debt, so that you have a very low-risk, high-income investment that allows you to go to Ecuador and do whatever else you're going to do with your life — leave your job or have a little independence to do other things," he said on an episode of the Mad Fientist podcast.
6. Buy a single-family home and rent it out
Buying a single-family home and renting it out will only generate income if overhead costs are low. If your tenant's rental payment doesn't cover the mortgage, insurance, taxes, and maintenance, you're effectively losing money. Ideally, your monthly mortgage payment will be relatively fixed, while rent prices rise, increasing the amount of money you pocket over time.
You can even shop for rental properties online through a site like Roofstock, which allows sellers of vacant homes primed for renters to list their properties, facilitates the buying process, and assigns a property manager to the new buyer.
7. Try 'house-hacking'
Carson got started in real estate investing through a strategy he calls "house-hacking."
He bought a four-unit building with a mortgage, and lived in one unit himself and rented out the other three. This cut down his own living expenses and generated enough income to cover his mortgage payment, taxes, and insurance every month, he said. He put any leftover money into savings, which he used to take care of inevitable maintenance costs and roll into his next investment.
8. Buy a multifamily building and sell off the units later
Bull calls this a "condo conversion," wherein you buy a multifamily building, rent out the units, and then later turn the units into condos and sell them off individually.
"So the idea is, you buy the building for a little bit of a discount, and then eventually you're able to sell for top dollar," Bull told Business Insider.
"I call it the triple-headed monster," she said. "You have cash flow in the short-term, appreciation in the long-term for building wealth over 15 or 20 years, and then ... ways to force appreciation if you need to get out."
If you get into a bind and can't afford to stick around, Bull suggests making "affordable but thoughtful upgrades to the property to unlock value" before you sell — think fresh paint, new countertops, and refacing cabinets.
9. Buy a fixer upper and flip it
While the fixer upper strategy has been glorified by popular culture, it remains one of the most time-consuming and costly ways to invest in real estate — but it also has the potential to produce the biggest gains.
Buying a home, renovating it, and reselling it can be a hit or a miss. You should always be prepared for unexpected problems, budget increases, time-inducing mistakes, a longer renovation timeline, and issues selling on the market.
It's especially important to build a team of experts you can trust and make sure you have the cash reserves to troubleshoot.

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.






 楼主| 发表于 10/4/2020 16:08:05 | 显示全部楼层
Reasons to Invest in Real Estate vs. StocksShould you invest in real estate or stocks—or both?
By RYAN BOYKIN
Updated Sep 8, 2020

Many investors have traditionally turned to the stock market as a place to put their investing dollars. While stocks are a well-known investment option, not everyone knows that buying real estate is also considered an investment. Under the right circumstances, real estate can be an alternative to stocks, offering lower risk, yielding better returns, and providing greater diversification.







Whether it's planning for retirement, saving for a college fund, or earning residual income, individuals need an investment strategy that fits their budget and needs. Comparing an investment in real estate to buying stocks is a good place to start.







KEY TAKEAWAYS
  • The decision to invest in real estate or stocks is a personal choice that depends on your financial situation, risk tolerance, goals, and investment style.
  • Real estate and stocks have different risks and opportunities.
  • Real estate is not as liquid as stocks and tends to require more money and time. But it does provide a passive income stream and the potential for substantial appreciation.
  • Stocks are subject to market, economic, and inflationary risks, but don't require a big cash injection, and they generally can be easily bought and sold.



Overview: Real Estate vs. Stocks
Investing in real estate or stocks is a personal choice that depends on your financial situation, risk tolerance, goals, and investment style. It's safe to assume that more people invest in the stock market, perhaps because it doesn't take as much time or money to buy stocks. If you're buying real estate, you're going to have to save and put down a substantial amount of money.







When you buy stocks, you buy a tiny piece of that company. In general, you can make money two ways with stocks: value appreciation as the company's stock increases and dividends.



When you buy real estate, you acquire physical land or property. Most real estate investors make money by collecting rents (which can provide a steady income stream) and through appreciation, as the property's value goes up. Also, since real estate can be leveraged, it's possible to expand your holdings even if you can't afford to pay cash outright.







For many prospective investors, real estate is appealing because it is a tangible asset that can be controlled, with the added benefit of diversification. Real estate investors who buy property own something concrete for which they can be accountable. Note that real estate investment trusts (REITs) are a way to invest in real estate and are bought and sold like stocks.







There are a number of considerations for investors when choosing between investing in stocks or buying real estate as an investment.

Returns: Real Estate vs. Stocks
Investing in the stock market makes the most sense when paired with benefits that boost your returns, such as company matching in a 401(k). But those perks are not always available and there is a limit to how much you can benefit from them. Investing in the stock market independently can be unpredictable and the return on investment (ROI) is often lower than expected.

Comparing the returns of real estate and the stock market is an apples-to-oranges comparison—the factors that affect prices, values, and returns are very distinct. However, we can get a general idea by comparing the total returns of the SPDR S&P 500 ETF (SPY) and the Vanguard Real Estate ETF Total Return (VNQ) for the last 20 years:



Source: yCharts.
As the chart demonstrates, both real estate and stocks can take a big hit during economic recessions. Note the big dips that occurred during the 2008 Great Recession and the 2020 COVID-19 crisis.

Risks: Real Estate vs. Stocks
The housing bubble and banking crisis of 2008 brought a decline in value for investors in the real estate and the stock markets—and the COVID-19 crisis is doing it all over again, albeit for different reasons. Still, it's important to remember that stocks and real estate have very different risks overall.

Real Estate
Here are some things to consider when it comes to real estate and the risks associated with it. The most important risk that people miss is that real estate requires a lot of research. It's not something you can go into casually and expect immediate results and returns. Real estate is not an asset that's easily liquidated, and it can't be cashed in quickly. This means you can't cash it in when you're in a bind.

For home flippers or those who own rental properties, there are risks that come with handling repairs or managing rentals. Some of the main issues you'll come across are the costs, not to mention the time and headache of having to deal with tenants. And you may not be able to put them off if there's an emergency.

As an investor, you may want and need to consider hiring a contractor to handle repairs and renovations of your flip, or a property manager to oversee the upkeep of your rental. This may cut into your bottom line, but it does reduce your time spent overseeing your investment.

Stocks
The stock market is subject to several different kinds of risk: market, economic, and inflationary risks. First, stock values can be extremely volatile with their prices subject to fluctuations in the market. Volatility can be caused by geopolitical and company-specific events. Say, for instance, a company has operations in another country, this foreign division is subject to the laws and rules of that nation.

But if that country's economy has problems, or any political troubles arise, that company's stock may suffer. Stocks are also subject to the economic cycle as well as monetary policy, regulations, tax revisions, or even changes in the interest rates set by a country's central bank.

Other risks may stem from the investor themselves. Investors who choose not to diversify their holdings are also exposing themselves to greater risk.

Consider this: dividend-paying stocks can generate reliable income, but it would take a considerable investment in a high-yielding dividend stock to generate enough income to sustain retirement without selling additional securities. Relying solely on high-yield dividends means an investor may miss out on opportunities for higher growth investments.

Pros and Cons: Real Estate
Real estate investors have the ability to gain leverage on their capital and take advantage of substantial tax benefits.1 Although real estate is not nearly as liquid as the stock market, the long-term cash flow provides passive income and the promise of appreciation.

Despite this, it's important to consider the amount of money that goes into real estate investments. You need to have the ability to secure a down payment and financing if you aren't making all-cash deals.

Since real estate isn't as liquid, you can't rely on selling your properties immediately when you may be in need. Other disadvantages include the costs associated with property management and the investment of time that goes into repairs and maintenance.

Pros
  • Passive income
  • Tax advantages
  • Hedge against inflation
  • Ability to leverage


Cons
  • More work than buying stocks
  • Expensive and illiquid
  • High transaction costs
  • Appreciation isn't guaranteed





Pros and Cons: Stocks
For most investors, it does not take a huge cash infusion to get started in the stock market, making it an appealing option. Unlike real estate, stocks are liquid and are generally easily bought and sold, so you can rely on them in case of emergencies. With so many stocks and ETFs to choose from, it can be easy to build a well-diversified portfolio.

But as noted above, stocks tend to be more volatile, leading to a more risky investment, especially if you panic sell. Selling your stocks may result in a capital gains tax, making your tax burden much heavier.2 And unless you have a lot of money in the market, your holdings may not be able to grow much.

Pros
  • Highly liquid
  • Easy to diversify
  • Low transaction fees
  • Easy to add to tax-advantaged retirement accounts


Cons
  • More volatile than real estate
  • Selling stocks can trigger big taxes
  • Some stocks move sideways for years
  • Potential for emotion-driven investing





Additional Factors to Consider
Buying a property requires more initial capital than investing in stocks, mutual funds, or even REITs. However, when purchasing property, investors have more leverage over their money, enabling them to buy a more valuable investment vehicle.

Putting $25,000 into securities buys $25,000 in value—assuming you're not using margin. Conversely, the same investment in real estate could buy $125,000 or so in property with a mortgage and tax-deductible interest.1

Cash garnered from rent is expected to cover the mortgage, insurance, property taxes, and repairs. But a well-managed property also generates income for the owners. Additional real estate investment benefits include depreciation and other tax write-offs.3

Mortgage lending discrimination is illegal. If you think you've been discriminated against based on race, religion, sex, marital status, use of public assistance, national origin, disability, or age, there are steps you can take. One such step is to file a report to the Consumer Financial Protection Bureau or with the U.S. Department of Housing and Urban Development (HUD).



Real estate that generates monthly rental income can increase with inflation even in a rent-controlled area, which offers an additional advantage. Another consideration is taxes after selling the investment. Selling stocks typically results in capital gains taxes. Real estate capital gains can be deferred if another property is purchased after the sale, called a 1031 exchange in the tax code.4

The Bottom Line
Real estate and stocks both present risks and rewards. Investing in the stock market gets a lot of attention as a retirement investment vehicle, particularly for people who contribute regularly to a tax-advantaged account, such as a 401(k) or individual retirement account (IRA). However, diversification is important, especially when saving for the long term.

Investors should opt for a variety of asset classes or sectors to reduce their risk. Investing in real estate is an ideal way to diversify your investment portfolio, reduce risks, and maximize returns. Keep in mind that many investors put money into both the stock market and real estate. And if you like the idea of investing in real estate but don't want to own and manage properties, a REIT might be worth a second look.


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