Start a Small Business in Newfoundland & Labrador
Starting a Small Business in Newfoundland & Labrador
The steps it takes to become a small business owner in Newfoundland & Labrador
Deciding on starting a small business in Newfoundland & Labrador can be a difficult decision to make. To help you decide here are some statistics that show why starting a small business in Newfoundland & Labrador is a great idea:
Population: 528m817
Registered small businesses: 17,335
Funding Programs Potentially Available for Newfoundland & Labrador:
303 Grant Programs / 147 Loan Programs /231 Assistance Programs
Find out if you may be eligible using this tool.
Before you get into business, there are a few important things to know about starting a small business in Newfoundland & Labrador:
Is starting a small business in Newfoundland & Labrador right for you?
Do you have the tools and the resources to start your small business?
Do you have the funding your small business in Newfoundland & Labrador will need?
What are the next steps to help you startup?
Do you need help getting your business started?
As a small business entrepreneur you have a lot of step to go though. Canada Startups is here to help you each step of the way. Not only do we guide you step by step, but we help you startup, assist you with your business plan, help you find funding programs that can get you funding for your Newfoundland & Labrador business. And more.
Starting a Small Business in Newfoundland & Labrador
Is it right for you?
Starting a small business in Newfoundland & Labrador is an excellent choice. Newfoundland & Labrador is one of the fastest growing Canadian provinces and one of the top spots in Canada where small business and entrepreneurship is booming. Currently over 17,000 small businesses are taking advantage of this. Who wouldn't want to take part.
If you're ready to start your own small business, consider contacting one of our small business advisors to get started. It takes a minute. You can also call them right now at 1-800-288-9691.
Before you move forward:
Prior to moving forward with starting a small business in Newfoundland & Labrador, be sure that you have the following ready:
☑️ Do you know what your business is going to be? If not, check out some of these top 10 business ideas.
☑️ Have you created your business plan? Get it reviewed by an expert. If no, time to create one right now!
☑️ Do you know which funding programs are available in Newfoundland & Labrador? Funds are available to help startup, to hire staff, pay for marketing, tools/equipment and more.
☑️ Keep in mind it's always important to have business insurance. We've partnered with Zensurance to provide your business with a tailored business insurance quote. It takes just a few minutes to complete your free quote online. Zensurance has served over 300,000 small businesses and is Canada-wide (Excluding QC and NWT). No obligations to you with the free quote, but will help ensure your business is fully covered!
$75,000 Government Loan for Small Business Owner in Newfoundland & Labrador
I managed to get a government backed loan of $75,000 to help me get started up. Used the funding to complete development of our shop, to purchase the tools and equipment we needed and to hire our first employee. Thank you CanadaStartups
Tools/Resources For a Small Business in Newfoundland & Labrador
There are a ton of tools and resources to help small business owners in Newfoundland & Labrador to successfully startup. Accessing these tools and resources is critical to the success of your small business.
Do you know what tools and resources you need to make sure your Newfoundland & Labrador based business finds success?
Business Plan Builder Tool
Use the Business Plan Builder Tool to quickly and effectively develop a business plan for your new or existing small business in Newfoundland & Labrador.
Personalized Investor PitchDeck
The simple to use PitchDeck gives you the opportunity to build the perfect presentation to use when pitching your small business to potential investors.
Funding Program Database
Find the funding programs your small business in Newfoundland & Labrador deserves with full access to 1,500+ programs available in our Funding Database.
Funding for your Small Business in Newfoundland & Labrador
When starting a small business in Newfoundland & Labrador, funding is critical. Finding the funding that may be available for your small business is important very early on. So don't wait until you need the funds - search for funding right now.
Small businesses in Newfoundland & Labrador are lucky since the Newfoundland & Labrador government greatly support entrepreneurship. This means that are are many different government funding programs in Newfoundland & Labrador for small business owners to take advantage from.
Want to see what funding in Newfoundland & Labrador may be available for?
What are the next steps?
The steps of starting a small business in Newfoundland & Labrador are simple.
☑️ Get the business idea.
☑️ Create a business plan.
☑️ Have the business plan checked.
☑️ Start your funding search.
☑️ Apply for funding.
☑️ Launch your small business
If you are ready to start your business in Newfoundland & Labrador, don't wait any longer. Get more information on how to start your small business, how to get your business plan done and how to get funding.
The first step, call 1-800-288-9691 for one of our Newfoundland & Labrador small business specialists to assist and guide you.
Get Help and Start Your Small Business in Newfoundland & Labrador
Get help with starting a small business in Newfoundland & Labrador!
There is no need to be the business plan expert, the funding researcher, the website developer, accountant or the person who needs to know and do everything. That's why experts exist to help, so be sure to take advantage of it when available.
For example:
Experts at CanadaStartups are included with your membership to the Small Business Startup Portal.
That means that you can get help starting up, with your business plan, with the funding search since you would have access 24/7 and for the entire year so you can ask any questions and get as much help as you need to start your Newfoundland & Labrador business.