Step 3: Build a Support Network
For anyone starting their own business, it’s important to know where to find help. By creating a list of contacts, you are building a network of support. Surround yourself with people you can ask for advice about the responsibilities and challenges you will face in running your own business.
Some advice and support services you’ll have to pay for – from a lawyer or a bookkeeper, for example. But other support can be obtained for free, if you know whom to ask. Build relationships with people who can help your business succeed.
Your network could include:
- Economic Development Officer
- Banker
- Insurance Broker
- Lawyer
- Bookkeeper
- Industry/Sector Organizations
- Chamber of Commerce
- Advertising Media (television, radio, newspapers)
- Family and friends
- Other business people
You are not the first to start a business.
Talk to others who have tried and find out how they succeeded.
Below are some of your most important contacts. Make these a part of your network. The information you will need is available from any of these sources, whether it’s about government regulations, Inuit firm status, preparing a business plan, or sources of financing.
Key Contacts
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Economic Development Officer (EDO)
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Economic Development and Transportation’s Community Operations Offices
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Canada-Nunavut Business Service Centre
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Baffin Regional Chamber of Commerce
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Regional Business Development Centres
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Regional Inuit Community Economic Development Organizations
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Resources
Seven Steps to Help You Start Your Business