At Atum Financial Services Inc. let us take the worry out of starting up your business, this should be an exciting time for you not one of confusion and frustration. Under Ontario's Business Names Act, fines of up to $2,000 can be levied against individuals and up to $25,000 for corporations for failure to register or for registering false or misleading information about their business.
Understanding what business structure are you considering: Sole Proprietor, Partnership, Incorporation is important as there are pro's and con's to each from an operating and taxation perspective. For incorporated companies, we help determine the proper share structure fits the needs of the business and its owners. Our professionals at Atum Financial Services Inc. can review your options to make sure your business is structured and setup correctly from the start.
Business plans are one of the most effective ways of evaluating what course of action will best suit your business as well as gain confidence with external stakeholders whom you may need support from (banks, outside investors). A complete business plan incorporates a budget, projected cash flow, marketing direction and your potential competitors all in one report that provides the necessary roadmap for achieving success. At Atum Financial Services Inc. we have the experience to help you build a solid business plan so you can focus on that next great idea.