Start a business in Boissevain
The Municipality 0f Boissevain-Morton has developed a checklist for entrepreneurs. The checklist will help you determine how successful your Boissevain business will be. We welcome you to bookmark this page for quick reference. If you have any questions about starting a business, please visit any of the links below. We also welcome you to contact the local economic development officer or the local Chamber of Commerce president, who can take you for a tour of the community..
Checklist for Starting a New Business
– List the reasons you wish to start a new business.
– Identify the niche the business will fill and answer the following questions:
- • What services or products will you offer?
- • Is the idea practical?
- • Will your business fill a need?
- • What companies will your business compete with?
- • What advantages will your business provide that other companies do not?
- • Is there an existing demand for your business?
- • What skills and experience do you have that are relevant to your business?
- • What will the company’s legal structure look like?
- • How will you maintain business records?
- • What type of insurance is necessary?
- • What equipment and supplies will you need?
- • How will you generate profit?
- • What financial or other resources do you have?
- • What financial or other resources do you need?
- • Where in the Municipality of Boissevain-Morton will your business be located?"
- • What will you name your business?
– Write a business plan. Keep all plans in writing and ensure they are updated as necessary to meet future financing and growth needs.
– Write a detailed business budget with profit and loss projections covering the first and second years of operation. You may find it helpful to write two financial plans: one that outlines expected growth and one that outlines a worst-case scenario.
– Analyze the local market: check licensing requirements and zoning regulations. Decide whether you will operate a sole proprietorship, a limited partnership or a corporation.
– Define your long and short-term goals, both within the Municipality of Boissevain-Morton and possible future expansion.
– If questions, go to professionals to assist you: an accountant, an attorney, an insurance agent, a financial institution, etc. There are people available that are ready to meet with you and discuss your plan of action.
– Outline your company's financial needs and secure financing.
Helpful resources for starting a business
Entrepreneurship Manitoba offers a range of services to businesses and entrepreneurs at every stage of the business life cycle. Whether you are starting or growing your business, expanding into new markets, or selling an established company, Entrepreneurship Manitoba is available to assist you.
See more at www.entrepreneurshipmb.ca
Community Futures Manitoba (CFM) is an association representing 16 Community Future organizations (CFs) established throughout rural and northern Manitoba. The Community Futures Manitoba Board of Directors is comprised of one representative from each of these organizations. Community Futures operates across rural and Northern Canada as a grassroots-driven program created to strengthen rural economies by enabling entrepreneurship and assisting in community economic development.
See more at: http://www.cfmanitoba.ca
Starting a business in Canada? Doing market research or writing a business plan? Looking for financing or permits?, The Canada Business Network can help.
See more at: http://www.canadabusiness.ca
Online tool for sample business plans and templates.
The Futurpreneur Canada Business Plan Writer is a great online tool to develop, write and downlaod your buisiness plan.
See more at: www.canadabusiness.ca/eng/page/2752
Explore the services of Manitoba Agriculture, Food and Rural Development for food developers, agri-processors and aspiring entrepreneurs. We can connect you to partners, suppliers and expertise as you move from concept to market. Visit the Food Commercialization section to connect with Manitoba facilities that research, develop and process food products. In the About the Sector section, you can learn about exciting new opportunities to manufacture products from agricultural fibre and crop by products.
See more at: www.gov.mb.ca/agriculture/food-and-ag-processing
For further information about Boissevain contact:
- Turtle Mountain Community Development Corporation
- EDO Dale Banman
- Box 368, Boisevain, MB R0K 0E0
- Ph: 1-204-534-6303
- Fax: 1-204-534-3710