Five Steps to Starting Your Small Business

Starting your journey as a small business owner in Alberta can be exciting. But, being a successful entrepreneur involves careful planning. To help you be at your best, we will explore five critical stages of building your business in Alberta—right from all that paperwork filing to naming your business. Plus, our business registry specialists can guide you throughout the process—giving you the confidence you need to reach your business goals. ? ?

1. Structuring Your Business

The first crucial step is deciding how to structure your business. This includes trade names, partnerships, or limited corporations. The choice depends on your vision, partners, and financial risk tolerance. Our AMA business registry specialists can help you make the right decision.??

2. Selecting a Name

A unique and memorable business name is crucial. Having a catchy name will make people remember it. But make sure it’s not already taken—as in, it’s not registered in Alberta or trademarked. AMA can help you search to find a compelling business name that’s unique and available. We’ll help you navigate the registration process, ensuring your brand stands out in the competitive Alberta market.??

3. Registering Your New Business

Once you’ve figured out your business structure and settled on a name, our AMA business registries specialists can help you complete the necessary paperwork and ensure your new business complies with Alberta’s regulations. The AMA team’s expertise streamlines the registration, saving you time and potential headaches. We can even support registration in neighbouring provinces like B.C. and Saskatchewan.??

4. Getting a GST Number, Licenses, and Permits

AMA’s support extends beyond registration. Our team can also help you take other critical steps for your business, such as obtaining a GST number, licenses and permits. Our business registry specialists can also guide you through that maze of requirements. Don’t forget to explore municipal licensing requirements. Resources like BizPaL.ca can simplify the process.??

5. Filing an Annual Return

An annual return isn’t the same as a tax return! For limited corporations, filing your annual return within 60 days of your incorporation anniversary is crucial. Maintaining your business’s legal standing is an ongoing responsibility. AMA’s experts can assist in filing your annual return promptly, helping you stay on top of regulatory requirements and ensuring the continued success of your small business. Neglecting this could lead to your business being dissolved by the government.??

Starting a small business may be a dream, but the reality involves a fair amount of paperwork. Luckily, AMA business registry specialists are here to support you as you embark on your entrepreneurial journey. So, if you’re considering starting a business in Alberta, connect with an AMA business registry specialist and confidently make your vision a reality. With our support, you can focus on what you do best – growing and nurturing your business in the vibrant Alberta market.