Tuesday, January 24, 2017

By Lisa Scott


Most people know that it is not easy to run a business in Calgary especially for non-residents. The reason is you have first of all to seek for the registration of your company from the government in Alberta. After that, you have to liaise with the Calgary Municipality to obtain a trading license. The two processes may take too long, and if you are not patient, you may give up the business idea. Once you are through with the papers you have to make sure what you are trading on is within the requirements of the residents. If you are thinking of running a Greek takeout Calgary here are some tips to help you succeed in your business.

Before you embark in starting a business, it is important to take some considerations into account. The first thing that you need to do is to conduct a market research so as to identify the needs of the residents and how better you can meet those needs. Evaluate the level of competition in the industry and how others price their services.

The next thing you need to do is to make a business plan. No business can thrive without operating on a plan of activities.In your plan, you need to include how you intend to finance the project, the marketing strategy, and how you will ensure your product is unique in comparison to what is selling in the market.

You should think about inspection before you even you get a license for your business. Find out how you can get to the relevant authorities to obtain the necessary information about the check. You can get that information from the Licensing Division.

If you have financial constraints, you can seek financial assistance from the credit firms. Make sure you get a flexible method of payment so that you are not caught up with financial problems before the business picks momentum. Ensure all the terms and conditions of the loan are clear and acceptable to you before you take the loan.

If possible try to obtain business premises before you commence your business. Paying rent is not easy especially for a new company. If you are operating from your premises, it will be much easier because you can then let the company grow without straining to pay rent. Think of the necessary equipment and make sure you have the most important ones for a start.

For you to avoid spending sleepless nights, make sure you arrange for some insurance cover for the premises, yourself and the workers. Look for a trustworthy company to insure your business. That way you will know even if something goes wrong, the insurance will come in to rescue the situation.

For your business to survive and beat the competition, you need to do extensive marketing for your products. Use all the channels that will facilitate creating awareness to potential clients within the area. Being different makes you unique. Therefore, you should focus on creating substantiated products so as to get noticed.




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