An investment such as C$150,000-300,000 will place you to begin with a small to medium size business in a non-major city in Canada. Because the investments to purchase an existing business or to establish a new business in a major city may cost you as close as C$750,000 to C$1,000,000. Actually the amount of investment depends. These investments have to be in cash and must be going towards purchasing of a business.
It is always advisable to establish a skill or a business that is usually familiar to you, within your professional skill set, or a branch of a business that you are already familiar with. Many medium level business owners branch out the business they are already doing in their home country. if you are from bakery business it may be suitable for you to establish specialized bakery products in the community you have chosen in Canada. So that you can directly bring the kill set you already have.

Many small business owners are experts in their fields before branching out and starting a business: a small advertising business may be run by a former creative director of a large ad agency, or the owner of a video production house may formerly be a director of independent films. An extremely important advantage to being small is that you are in a better position to provide a more personal service to your customers. Customers trust businesses that offer them sincere personal attention, and they respond well to businesses that know their names and remember details about former transactions.

Many small business owners are experts in their fields before branching out and starting a business: a small advertising business may be run by a former creative director of a large ad agency, or the owner of a video production house may formerly be a director of independent films. An extremely important advantage to being small is that you are in a better position to provide a more personal service to your customers. Customers trust businesses that offer them sincere personal attention, and they respond well to businesses that know their names and remember details about former transactions.

Small businesses are more flexible and less bound by policies and procedures. You, on the other hand, can easily provide concessions to complaining customers. To keep the customers happy and satisfied, you can adjust easily a policy; no need to go through the board or the legal department to approve any change in policies of the business. This flexibility fosters confidence and loyalty among customers. Being flexible also relates to the ability to react quickly to changing market conditions. Because of their small size, most small companies are forced to be innovative if they want to compete. Your small business lacks the resources of larger companies, and so the only way you can compete is to come up with something creative, new, and different.
Most mass marketers cannot react as quickly to changing market conditions, but you can. You can make changes in your inventory, billing, new product or other procedures more easily in response to changing customer needs. More importantly, you can make decisions NOW!

In addition to the number of benefits that come with membership in the Chamber of Commerce, organizations like Canadian Chamber of Commerce, BC Chamber of Commerce, and Mississauga Board of Trade, also offer free resources to help you stay informed about new policies and issues that could impact your business. The Chambers also host a full schedule of events, both online and in-person.
Learn more:
• Canadian Chamber of Commerce (@CdnChamberofCom)
• BC Chamber of Commerce (@bcchamberofcom)
• Mississauga Board of Trade (@MBOTOntario)

@BDC_News The Business Development Bank of Canada sponsors Small Business Week during every October featuring live events across Canada. Their website also features helpful articles with advice for things like:
• Defining your business strategy
• Recruiting the right employees
• Investing in technology
• Improving operational efficiency
You can find all of these helpful resources here.

For nearly forty years, The Canadian Association of Women Executives and Entrepreneurs (CAWEE) has been helping Canadian businesswomen build valuable, lasting relationships to strengthen their business. You can check out their full schedule of member and non-member events here.

@CFIB
The Canadian Federation of Independent Businesses (CFIB) offers business support services to small business owners throughout Canada. In addition to advocating on behalf of independent business owners, CFIB’s Media Centre provides up-to-date news and advice for businesses across Canada.

@enterpriseTO
Enterprise Toronto is committed to supporting startup businesses in the Toronto area. They have free resources to help you start your business, and will connect you with the services you need to run your business more effectively. They also offer free resources for organizations looking to plan events in the Toronto area.

@SmallBusinessBC
Small Business BC is hosting a series of seminars and free events in celebration of Small Business Month. In addition to these events, Small Business BC offers tools and resources for business owners at any stage of their business — whether you’re starting a business, growing a business, or planning to exit a business.

@CdnMarketing
Whether you like to learn in-person or online, the Canadian Marketing Association (CMA) offers a variety of educational resources you can use to be a better marketer. Check out the Canadian Marketing Blog for actionable advice to improve your marketing, or find an educational event in your area.

@MelonieDodaro
If you’re looking for daily social media news and advice, Top Dog Social Media has you covered. The Top Dog Social Media blog is packed with helpful advice for making social media work for your business. They also offer a free LinkedIn Master Class, presented by Top Dog Social Media founder and bestselling author of The LinkedIn Code, Melonie Dodaro.

@MarcGordonDotCA
If you’re looking for quick and actionable small business marketing and business management advice, check out Marc Gordon’s High 5 for Business articles. Each article is around 300 words and shares five practical tips in the areas of marketing, sales, and customer service.