Top 7 Factors to Consider Before Deciding to Start Your Business In Canada

What Are Top Factors to Consider When Starting a Business in Canada?

Making decisions is part of our everyday life. There are tons of life events that call us to make a choice. Small decisions could be done in just a snap and may have little or no impact on life at all, but big decisions are a totally different story. It takes a great amount of time to think things through.

One of the best examples is building your own business. This is definitely a big and challenging decision that requires careful evaluation, full commitment, determination, time, and effort.

Let us begin by asking questions about you.

  • What have you been thinking lately?
  • Are you looking for great opportunities outside your comfort zone?
  • Are you thinking of starting or expanding your business?
  • Is Canada one of your top countries to explore?

Maybe these are the few things that are running through your head at this moment. Let us guide you by sharing the top factors to consider before deciding to start your business in Canada.

What Are Top Factors to Consider When Starting a Business in Canada?

The factors to consider include financials, languages, cultures, the industry or industries, government regulations, the business plan, and professional network:

a. Financials

 It is important to all newcomers, more so for business starters, to be financially prepared before settling in any foreign country. The cost of living in Canada is probably higher compared to most countries but may vary depending on the province.

Hence, if you are running a business, it is practical to review the cost of living and business operation costs for each province to make a comparison and decide which region best suits your business. Depending on your goals, you may want to consider a province that has a more affordable cost of living and wages to maximize income.

No matter where in Canada you will establish your business and live, you will enjoy a very good quality of life, rule of law and opportunities for business. Much depends on what kind of business you will be engaged in.

b. Languages

If you come from a non-English/French-speaking country, it is time to learn a new language. Canada’s main languages are English and French. Thus, knowing how to speak one of these languages would benefit you in your daily life and in growing your business. As an entrepreneur, dealing with people and building a professional network requires good communication skills which are fundamental elements in business to achieve a high success rate.

c. Cultures

Canada is home to diverse cultures. This is one of the things that makes Canada an attractive place to do business. Moving to this country does not force you to forget about your origin, but rather an opportunity to share your culture or values while learning to embrace and adapt to new cultures with open-mindedness. When starting or expanding a business in Canada, it is vital to learn the Canadian culture and the needs of your new market and thus enable you to formulate the most effective business strategy. 

d. Industry(-ies)

Researching industry trends before establishing a venture in your target country is very important. No matter how good your products or service is, if it does not align with the Canadian market, it would be impossible to prosper. Learn more about the most profitable industries in Canada here:

e. Government Regulations

Canada is a federation type of government and quite de-centralized. The regulations are under the federal or provincial authority. It is critical for aspiring entrepreneurs to review the business laws and regulations applicable to the province where you plan to operate. Consulting these intricate matters with Canadian lawyers who are experts in this field like Sobirovs Law Firm will give you great confidence as they help you navigate your business goals in legal ways. 

f.  Business Plan

To have a clear roadmap about building your business in Canada, a comprehensive business plan will sum up the above-mentioned factors. This will be achieved by conducting thorough market research with clear and realistic projections. The right business plan would be your foundation and guide to surpass any obstacles along the way. However, formulating a business plan itself may be a setback for you when it should not be. Fret no more! Sobirovs Law Firm has trusted partners that could help you create a well-structured business plan.

g. Professional Network

Starting a business overseas could be challenging and daunting due to the complexities of government regulations and loads of required documentation. This is when experienced professionals such as bankers, accountants and lawyers come in to help. They are knowledgeable and highly skilled professionals who you could rely on to help you make strategic methods to fulfill your business plans.

How can Sobirovs Law Firm help you? As experienced lawyers in Canada, along with our great team, we can provide legal consultation and guarantee full compliance and seamless process of your business immigration matters.

Your best next step towards Canada is to complete this short Business Immigration Assessment Form. Tell us more about yourself, and we’ll let you know if we can help you.

Bringing You, Your Tech Talent & Your Business To Canada

Get started and make your first step towards Canada. Book your 1-hour strategy meeting with a licensed Canadian immigration lawyer.

Immigration to Canada can be very complicated for businesses, business owners, and foreign employees. Hiring business immigration lawyers with the skill, experience, and patience is often crucial to successfully navigating this complex process. The experienced professionals at Sobirovs Law Firm offer tailored legal services in all business and corporate immigration matters. Contact us for more information on how we can help you meet your immigration needs.

We have worked with & represented clients from all walks of life. Always just one call – or click – away, weʼre happy to help you begin your & your familyʼs journey to Canada.

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Yemi Okunbor
Yemi Okunbor
From the initial consultation to the successful acquisition of my permanent resident card, the entire process was seamless and stress free.A big thank you to the entire Sobirovs team, especially Yulia, and Farouk. They demonstrated exceptional expertise and professionalism throughout, guiding me with precision and clarity. Their commitment to providing personalized and thorough assistance made a significant impact on my overall experience. Thank you, Sobirovs law firm for your exceptional service and for making my journey to permanent residency a smooth and gratifying experience.
Kenneth Leong
Kenneth Leong
I must say that SOBIROVS has an excellent team to guide us to getting our work permits approved. I want to personally thank Feruza, Judy, Owen and Medina in getting us "pass the gates". Not to mention the entire team that is behind the scene. My family and I are deeply grateful for their excellent work and professional advice. A special thanks to Ms Judy for her untiring dedication to making this opportunity a reality for my family and I. We have full confidence in Feruza and her team and I will continue to use their services for the next step of our application for PR status later on.
Siarhei Vasilyeu
Siarhei Vasilyeu
My family (5) have chosen Sobirovs for our ICT visa application, and now we confidently recommend them! Right from the start you will be assigned a special team within their firm who will be busy with your plans, needs and documents. The process is organized very efficiently, what is crucial when you run your own business on your side. Once the documents submitted to IRCC, the pre-submission team entrust your case to post-submission group, who monitor the progress and keep you constantly updated what's going on with the case. As a result, our ICT application was approved in just several weeks from submission, just wooow. Thank you and thumbs up for Monique, Mariam, Owen, Madina, and Ms. Feruza who was our lead lawyer. Sobirovs is your smart choice, they know how to do the rest.
Muzammil Habib
Muzammil Habib
I would like to thanks Sobirovs Law Firm team especially Monique, Mariiam Jamal, Owen and Ms. Feroza. They done a great job and help me to get ICT work permit. Their team work was excllent and they worked professionally. Here I would like to present my special thanks for Monique who communicated with me nicely. She respond me quickly whatever I have questions in my mind. She is so nice I like her working style. In the end I can say that all of them are really professional. Thanks for all this. Hope to see you soon.
Rahul C
Rahul C
Exceptional service of the utmost quality and professionalism. I extend my heartfelt gratitude to the entire team, with special acknowledgments to Nity, Judy, Feruza, Owen, and Medina, for their invaluable assistance in securing the approval of my application. I am sincerely appreciative of the outstanding service and unwavering support provided. This is by far the best immigration law firms in Canada who work with complete transparency.
Ulugbek Holmatov
Ulugbek Holmatov
Great job 👏👏👏👏 Great leader, Rakhmad Sobirov for his leadership skills and great managers: Feruza, Monique, Mariam, Owen, Madina for their respective professionalism 👌👌👌 Well organized and professional law team for Canadian immigration. I really enjoyed with my Canadian business visa process. I really appreciate Sobirovs Law firm for their great service and experience. P.S.: This law firm was selected by Our company among top 5 law firms for Canadian business immigration process Great successes🎉
Thomas Bulmer
Thomas Bulmer
Mariam, Monique and the team have been great to work with. Sobirov's has helped a number of our team members identify, apply for and get granted the necessary visas for us to set up our Canadian enterprise. Recommend.
Jason Tsarouhas
Jason Tsarouhas
Mariam and her team have helped us migrate our entire workforce from Australia to Canada. We couldn't have been more prepared by the time we made it to the border. The team were accessible, informative and detail orientated which is exactly what you want when you have stresses of moving your company and life to the other side of the world! A HUGE thank you to the team for their efforts so far and future work we'll be doing together! Jason, Learning Online!
Victor Arakaki
Victor Arakaki
We're incredibly grateful for the fantastic work done by the entire Sobirovs team!. While our work permit application had its share of challenges, Feruza, an outstanding lawyer with extensive expertise in business immigration, played a pivotal role. Her leadership and guidance were so important in getting our Work Permits approval. We must also acknowledge the exceptional contributions of Judy Lee, Nitty, Monique, Rachel and the rest of the team who supported us on this journey. It's clear that we'll continue to entrust Feruza and her team with any of our future legal needs. We have full confidence in Feruza and her team and highly recommend their services.
Hardik Vyas
Hardik Vyas
Rating: ⭐⭐⭐⭐⭐ I cannot express enough how impressed and satisfied I am with Sobirovs Law Firm's immigration services. Their professionalism and extensive knowledge in the field of immigration are truly outstanding. We recently applied for an ICT (Intra-Company Transfer) application, and to our amazement, we received a decision within just two months from the date of application. This prompt and efficient service reflects the exceptional quality of Sobirovs' work. I would like to extend my heartfelt gratitude to Feruza, Mariam, Monique, Owen, and the entire post-submission team who guided us through every step of the application process. Their dedication, expertise, and willingness to assist were invaluable throughout the entire journey. We are now filled with excitement as we embark on our new journey, thanks to Sobirovs Law Firm's assistance. Without a doubt, we will be relying on their services for all our future matters related to permanent residency or immigration services. I wholeheartedly recommend Sobirovs Law Firm to anyone seeking top-notch immigration assistance. Their commitment to their clients and their ability to deliver results is truly commendable. Thank you, Sobirovs, for making our dreams a reality!

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