Registering a Business

Before registering a business name, please go through the checklist below.
  1. Conduct a name search to ensure it's not already in use.  Check Service Ontario Search, Google, Facebook, Instagram, LinkedIn, and ICANN
  2. Domain and Social Media - Ensure availability of the desired domain and social media handles. Secure them simultaneously with business registration.
  3. Decide on Ownership Structure. Learn more about what structure is best for your business here.
  4. Make it relevant to your business. The name should reflect the nature of your business, services, or products. It should give potential customers an idea of what your business is about.

How to Register a Business in Ontario

Starting a business is an exciting journey, and one of the first steps is registering your business. This process can seem daunting, but with the right guidance, it becomes manageable and straightforward. Here at Leeds Grenville Small Business, we are dedicated to helping you navigate these early steps to ensure a smooth start. Our services are free, and our primary goal is to support small businesses and foster a thriving local economy.

Who Must Register?

The Ontario Business Names Act administered by the Companies and Personal Property Security Branch applies to:

  • Sole proprietorships (one owner) carrying on business under a name other than the individual’s full name;
  • Partnerships carrying on business under a firm name other than the full names of the partners;
  • Corporations carrying on business under a name other than their corporate name;
  • An existing general partnership or limited partnership registering a business name different from the registered firm name;
  • Limited liability partnerships;
  • Extra-provincial limited liability partnerships; and
  • Extra-provincial limited liability companies

 

Step-by-Step Guide to Registering Your Business

1. Choose a Business Structure

Before you can register, you need to decide on the structure of your business. The most common types are:

  • Sole Proprietorship: Owned and operated by one person.
  • Partnership: Owned and operated by two or more individuals.
  • Corporation: A separate legal entity owned by shareholders.

2. Choose a Business Name

Selecting the right name is crucial. Your business name should be unique and not infringe on any existing trademarks. To avoid potential issues:

Conduct a Name Search: Ensure your chosen name is not already in use. You can use Service Ontario Search, or the NUANS (Newly Upgraded Automated Name Search) system for this purpose. 

3. Register Your Business Name

Once you've chosen an available name, you need to register it with the Ontario government. This can be done online one of the following options.

  • Through Ownr, $49 (recommended for sole proprietorships and corporations)
  • Through Service Ontario, $60
  • Through Service Providers. Please contact them directly for information about the fees they charge.

4. Obtain Necessary Licenses and Permits

Depending on your business type and location, you may need specific licenses or permits. Check with local municipalities and regulatory bodies to ensure compliance.

 

Why Book a Consult with Us First?

While registering a business seems straightforward, there are several critical considerations that could impact your success:

  • Name Availability: Ensuring your business name is unique and doesn't conflict with existing businesses is crucial.
  • Compliance: Understanding the specific licenses and permits required for your business type.
  • Strategic Planning: Proper planning and consultation can help you avoid common pitfalls and set a strong foundation for your business.

At Leeds Grenville Small Business, we offer personalized consultations to help you through every step of the process. Our experts can provide invaluable insights and ensure you start your business on the right foot.

Book a Free Consultation Today!

Take the guesswork out of registering your business and set yourself up for success. Leeds Grenville Small Business is here to support you with expert advice and comprehensive resources. Schedule your free consultation now and let us help you build a thriving business.

Book a Free Consultation