Survival tips for newcomers starting a business

If you are thinking of starting a business in Canada, it pays to know the resources available to help get it launched properly. Federal and provincial governments, along with many financial institutions, offer special programs, services and support to help newcomers become successful business owners in Canada.

Dale Sturges, director of multicultural business markets at RBC says newcomers look for start-up incentives, advisory services and step-by-step roadmaps. Sturges offers these tips for getting started:

Find a small business advisor at a bank who understands your needs as a newcomer and can provide you with the appropriate advice to help your business succeed.

Ask your small business advisor where to look for information on understanding local market opportunities for your new venture.

Talk to your small business advisor about getting connected to important community resources, such as an accountant, lawyer and government services.

More tips are available online at www.rbcroyalbank.com/tips.

You can also visit www.servicecanada.gc.ca/eng/lifeevents/business, a government website that provides information to newcomers to Canada on starting a business. Here you can find essential start-up information from Canada Business, which has information from many sources, including the federal, provincial and territorial governments

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