![]() Most hosts now come with popular free platforms and feature easy installation. _ Choose an information management platform (such as WordPress). ![]() Tip: If you don’t want to start from scratch, check out over 1 million premium domains at Buy Domains. We use GreenGeeks’ Canadian servers to host our sites. It’s so important that we have a separate checklist for choosing a website host to guide you through this step alone. We have unique requirements and legal concerns in this country that many newcomers are unaware of, which results in mistakes that waste both time and money. ![]() _ Domain registration and selecting a website host is one of the most important steps you’ll take when starting an online business in Canada. You can change your mind or add to your income strategy later, but you have to start somewhere. Study your options and implement them immediately. How will you make money? Are you promoting services, affiliate marketing, selling digital or physical products? Research wholesale suppliers & get your inventory in place. From there, you’ll need to outline your budget and determine exactly how much you need to earn in order to be profitable and pay the bills. User-friendly accounting software is worth its weight in gold, such as the popular TurboTax Canada. Plus, it will save you money and spare you from headaches at tax time. It’s critical in order to become and remain profitable. Consider crowdfunding if you have a particularly innovative idea. Keep an ear to the ground for tech or innovation programs and grants that you may qualify for, just because you do business online. Check out Government financing, Government grants for Canadian businesses, or private sector financing. _ Funding doesn’t have to be in place in the beginning, but it sure helps. Additionally, you can get a designated credit card to help track expenditures. It also makes it easy to save for your income taxes and GST/HST payments. Even if you’re only operating under your name, having a business account will make it much easier to track income and expenses. _ Open a business bank account and PayPal account. This information is critical to your strategic planning, from pricing to marketing. Dig into who your buyer is, and how you can best reach and serve them online. _ Figure out exactly what your business is offering and why it’s exceptional (also known as your Unique Selling Proposition). When you’ve decided on a business name, register it. How to Choose the Best Products to Sell Online in Canadaĥ Quick & Easy Online Businesses to Start in Canadaġ0 Hot Product Niches to Sell Online in Canadaġ0 Low-Cost Side Businesses you can Start Online from Home If you’re still looking for a niche, read: Checklist: How to Start an Online Business in Canada Following our guide makes it easier to narrow down what you need, so you can skip or customize the process until it’s perfect for you. For example, you may need a robust ecommerce platform for online retail, or only a simple shopping cart to sell a few information products, or just a basic way to receive payments if you’re providing a service. ![]() However, you’ll find some steps are necessary for one type of eBusiness, but not for a different type. Much of the process is the same as it would be for starting any business in Canada. You’ll need to learn more about some tasks on the list, which you can do as you go along without losing your place in the overall process. While the website covers individual challenges, this checklist is designed to guide you step-by-step through the entire digital startup process. That’s the inspiration behind Online Business Canada, in fact. However, one complication has remained: finding Canadian-specific information for starting a business online (or bringing an existing offline business into the Internet age). You don’t have to be a techie or even hire a website designer to start making money online. These days, everything is designed to be user-friendly for the average person. When I started working online over 20 years ago, the logistics involved with online sales were much more difficult and expensive than they are today. Whether you want to start a home business or become the next ecommerce behemoth, the internet levels the playing field and offers endless legit business opportunities. The amount of money you make online correlates with the amount of work you are willing to do, but virtually anyone can learn how to do it. It has never been easier to start and run an online business in Canada.
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