A business corporation is an entity that has, subject to the conditions stipulated by law, a juridical personality and possesses specific rights and obligations. The liability of the shareholders is limited to their investment.
The Provincial Building Code Act empowers the Province and municipalities to enact regulations concerning building development. The building bylaw may deal with such issues as occupancy of the building, adopt in part or all of the National Building Code, prescribe methods of construction, demolition, issuance of permits, standards for inspectors, forms and fees.
An import is a good, product or service brought into a country from another country.
The person or company bringing the product into the country is the importer. The person or company shipping the product from abroad is the exporter. Tariffs are often charged on imported products. These are fees imposed by customs agencies.
In Canada, moving goods from one province to another is not considered importing or exporting.
There are plenty of opportunities for your business to grow beyond the borders of Canada; the rewards can be great, but exporting is not without risks.
In today's global marketplace, exporting and other international trade opportunities are important success factors for a growing number of companies. But entrepreneurs are often intimidated by the prospect of doing international business. After all, exporting brings a whole new set of challenges.
Starting your own business from scratch can sometimes be overwhelming for first-time entrepreneurs. Instead, investing in an already successful franchise concept may be a great choice for your new business venture.
Now that you have decided to start your own business, you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are four types of business structures: sole proprietorships, partnerships, corporations and cooperatives.
Starting a business from scratch can be overwhelming for first time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.
If growing is part of your business objectives, identify activities that maximize the return on your time and investments and take time to plan your implementation strategy. It also helps to focus on the kind of growth you can manage, rather than trying to achieve everything at the same time.
