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Web Links and Exercises
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Starting a small business See Prof. Richardson’s video about how to incorporate using provincial sites online http://www.youtube.com/watch?v=nLkslGMe3tk This is the web page for the government of Ontario http://www.ontario.ca/en/business/STEL02_163189 How much does it cost to file incorporation papers? What information do you need to provide the government for incorporating a Business Corporation? (hint – check the info sheets PDFd at http://www.ontario.ca/en/business/STEL02_163189) See Prof. Richardson's page on Franchises and Franchising at www.witiger.com/marketing/franchise.htm



Franchising is booming in Canada and many students are interested in someday owing a franchise. The Canadian Franchise Associations' website is a valuable source of information. Visit it at www.cfa.ca. What does the website tell you about purchasing a franchise? Are there any upcoming franchise events in your area? Spend some time looking at the "Find A Franchise" section. Browse by category. How many different categories are listed? Explore the categories you find to be of personal interest. Does the number of franchises listed surprise you?



A major advantage of corporations is the limited liability of owners. But to incorporate you need to pick a company name, and file incorporation papers. In the province in which you live, there will be a provincial government ministry that allows citizens to file incorporation papers Co-operatives are an important part of the business in Canada See http://www.coopscanada.coop/ for information on the Canadian Co-operative Association








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