Starting & Running a Small Business For Canadians All-in-One For Dummies®, 2nd Edition
Published by: John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, www.wiley.com
Copyright © 2020 by John Wiley & Sons, Inc., Hoboken, New Jersey
Published simultaneously in Canada
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions
.
Trademarks: Wiley, For Dummies, the Dummies Man logo, Dummies.com, Making Everything Easier, and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc., and may not be used without written permission. All other trademarks are the property of their respective owners. John Wiley & Sons, Inc., is not associated with any product or vendor mentioned in this book.
LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: THE PUBLISHER AND THE AUTHOR MAKE NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE ACCURACY OR COMPLETENESS OF THE CONTENTS OF THIS WORK AND SPECIFICALLY DISCLAIM ALL WARRANTIES, INCLUDING WITHOUT LIMITATION WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE. NO WARRANTY MAY BE CREATED OR EXTENDED BY SALES OR PROMOTIONAL MATERIALS. THE ADVICE AND STRATEGIES CONTAINED HEREIN MAY NOT BE SUITABLE FOR EVERY SITUATION. THIS WORK IS SOLD WITH THE UNDERSTANDING THAT THE PUBLISHER IS NOT ENGAGED IN RENDERING LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL SERVICES. IF PROFESSIONAL ASSISTANCE IS REQUIRED, THE SERVICES OF A COMPETENT PROFESSIONAL PERSON SHOULD BE SOUGHT. NEITHER THE PUBLISHER NOR THE AUTHOR SHALL BE LIABLE FOR DAMAGES ARISING HEREFROM. THE FACT THAT AN ORGANIZATION OR WEBSITE IS REFERRED TO IN THIS WORK AS A CITATION AND/OR A POTENTIAL SOURCE OF FURTHER INFORMATION DOES NOT MEAN THAT THE AUTHOR OR THE PUBLISHER ENDORSES THE INFORMATION THE ORGANIZATION OR WEBSITE MAY PROVIDE OR RECOMMENDATIONS IT MAY MAKE. FURTHER, READERS SHOULD BE AWARE THAT INTERNET WEBSITES LISTED IN THIS WORK MAY HAVE CHANGED OR DISAPPEARED BETWEEN WHEN THIS WORK WAS WRITTEN AND WHEN IT IS READ.
For general information on our other products and services, please contact our Customer Care Department within the U.S. at 877-762-2974, outside the U.S. at 317-572-3993, or fax 317-572-4002. For technical support, please visit https://hub.wiley.com/community/support/dummies
.
Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com
. For more information about Wiley products, visit www.wiley.com
.
Library of Congress Control Number: 2019920283
ISBN 978-1-119-64839-0 (pbk); ISBN 978-1-119-64840-6 (ebk); ISBN 978-1-119-64841-3 (ebk)
Businesspeople have to tackle (or get tackled by) any number of issues and overcome any number of obstacles to get started, keep going, and, with a little luck, grow and thrive.
What you need is a guide to some of the important dimensions of a business that haven’t changed much at all: getting started; protecting your intellectual property; planning and acting strategically; keeping the books; recruiting and managing employees; and marketing the enterprise. Starting & Running a Small Business for Canadians For Dummies All-in-One, 2nd Edition is a mouthful — but it is the point of reference that every businessperson starting or sustaining a business needs.
This book is really six minibooks, each covering a topic related to starting and running a small business. Each minibook provides an overview of the subject and more in-depth coverage of specific areas at the core of the subject matter.
The content of each minibook and each chapter stands alone, so you don’t have to read all the minibooks — or even all the chapters — in order. You can use this book like an entire series of books on the subject of small business. Scan through the table of contents to find a single topic to refresh your memory or to get a few ideas before beginning a task, or you can read an entire chapter or a series of chapters to gain understanding and gather ideas.
This guide even leads you to the more complete For Dummies titles on the issues discussed briefly in this compendium. It can also help you decide where you need more help and more information — so you can find it by doing further research and reading, hiring consultants, or adding expertise in-house by hiring employees with the skills, interests, and experience you lack.
The breadth of topics covered in this book, combined with easy-to-follow tips, make this book perfect for your business, organization, or association. Keep this book on a nearby bookshelf or on your desk so you can reference it often.
One last note: Within this book, you may note that some web addresses (URLs) break across two lines of text. If you’re reading this book in print and want to visit one of these web pages, simply key in the web address exactly as it’s noted in the text, pretending as though the line break doesn’t exist. If you’re reading this as an e-book, you’ve got it easy — just tap the web address to be taken directly to the web page.
This book is for people who want to go into business for themselves. You have aspirations of being an entrepreneur, but that’s all we know about you. We don’t assume that you know where your business will be located, or even what it will be. We don’t assume that you have any background knowledge about law or income tax or insurance or marketing or anything else for that matter. We do assume that you have a computer with Internet access, although we don’t assume that you’re a techno-nerd. We assume that you are intelligent and self-motivated. And we assume that you’re aware that this book is just the start of a long journey that will entail a lot of work, but will hopefully confer great rewards, too.
Icons are handy little graphic images that are meant to point out particularly important information about starting your own business. Throughout this book, you find the following icons, conveniently located along the left margins.
In addition to the material in the print or e-book you’re reading right now, this product also comes with some access-anywhere goodies on the web. No matter how hard you work at creating your business, you’ll likely come up with a few questions where you don’t have a clue. For answers and helpful tips, simply go to www.dummies.com
and search for Starting & Running a Small Business for Canadians For Dummies All-in-One Cheat Sheet in the Search box.
You don’t have to read this book in order. Each minibook and each chapter are self-contained, so you can pick up some information here and some information there about a topic that’s of particular interest to you.
The For Dummies series also includes dozens of reference books that are pertinent for the small-business owner and that go into many of the topics covered in this All-in-One guide. They can take you into the level of detail you require.
If you’re really thinking of starting a business and you haven’t been in business before, you really should read all the minibooks before you commit to the perilous, but rewarding, journey that running your own business can be.
Book 1