Although some people may think of Prince Edward Island as being primarily rural, it remains a great environment in which to start a business. PEI’s economy traditionally relies on fishery, agriculture, and tourism. However, new entrepreneurs here don’t have to stick to those industries to have a chance at success. Growing industries and segments of…
In Newfoundland and Labrador, business ownership is an important part of the economy. And small businesses constitute the majority of business ownership in this province. Of the 15,200 small businesses in Newfoundland and Labrador in December 2021, more than 13,400 of them employed fewer than 20 people. More than 8,200 small businesses employed fewer than…
Depending on the type of business you are operating in Nova Scotia, you likely must register with the provincial government. Through registration, you’ll provide tax information, information about employees, and decide on a legal business structure. You can perform the registration process completely online, which simplifies the process. However, you still need to have some…
Although it may not be the most enjoyable part of starting a new business, finding just the right legal operational structure for your business is an important step toward eventually achieving success.One of your options for setting up the operational structure is by incorporating your business in Prince Edward Island. Incorporation delivers some important advantages,…
Prince Edward Island has a friendly environment for those looking to start a business. The PEI economy shows impressive growth in a variety of sectors.Even though this is Canada’s most rural and smallest province, it provides a variety of opportunities for entrepreneurs. Regardless of the type of business you would like to start, it’s important…
