Business Planning

There are four common types of business ownership. Which structure you choose will depend on key factors; the nature of your business operation, whether you prefer to have full control of your business or want to share management responsibilities...

There are many factors to consider when choosing the best location to establish and grow your business. The right location can impact your potential to attract a quality workforce, improve efficiency and increase sales and profits, all of which will...

If you are interested in a newcomer investing in your business and becoming a partial owner through the Provincial Nominee Program, you must submit an application to our office to assess eligibility. You must be willing to sell at least 33 1/3% of...

In the beginning, you may choose to operate your business on your own or with a select number of employees. As your business gets established or begins to grow, you may need to hire additional staff to help you with the tasks of running your business...

As you approach the launch of your business you will have more clearly defined business goals and objectives. A good “next step” is to map out an operational plan detailing the daily tasks required to achieve your business goals. Your operational...

Developing a successful marketing strategy requires careful planning based on quality research. Much of that planning can and should happen before your product or service is ready for sale. Your marketing goal is to present your product or service in...

Your business plan is a put-your-thoughts-down-in-writing approach to bringing your business from an idea to reality. It is a clear description of your business, a written summary of what you hope to accomplish in business and how you intend to...

If you are interested in selling your existing PEI business to a newcomer through the Provincial Nominee Program, it is your responsibility to find the potential buyer for the business. We recommend you discuss this option with your accountant. Is my...

If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through the Work Permit Stream of the Prince Edward Island Provincial Nominee...