Seven Steps to Starting a Business
Introduction
The Department of Economic Development and Transportation is pleased to introduce this popular guide to starting a business in Nunavut. You can download this guide below.
Seven Steps to Help You Start Your Business
This “how-to” guide is for you, a person with a good business idea and the willingness to work hard, who wants to know about the first steps to take to get started on the right path.
This guide provides the basic information you should know, so that your efforts to create a new business can be rewarded, and you won’t get tied up in “red-tape”.
As our economy grows, local businesses will take a greater role in our communities in generating wealth and creating jobs. Major investments in Nunavut by natural resource companies in industries like mining and fisheries are creating new opportunities for local businesses able to provide the goods and services these companies need. There are business opportunities in tourism, arts and crafts, and other key sectors. More and more Nunavummiut are considering a career in business – their own business.
Seven Steps to Help You Start Your Business explains what being in business in Nunavut is all about, and what you will have to do to succeed.
We wish you every success in your new venture!
Starting on the Right Path
Starting your own business is exciting. But there is lots you need to know.
Starting and maintaining a successful business is one of the most rewarding ways to make a living. The independence that comes with “being your own boss,” and the satisfaction of building something from the ground up and making it grow is what makes a business career so attractive.
So where do you start? Who do you talk to?
This guide will help you find the right path. It describes seven basic steps you should complete to get your business started. You will see lots of tips and suggestions to help you as you go. You will find many references to the resources – accessible by telephone or via the Internet – that will give you more information about starting a business. The more you know, the more likely you are to succeed.
Let’s get started!