Before you start
Before you start a new business, it’s a good idea to consider your entrepreneurial potential and to evaluate what kind of business would suit you best.
Tools for budding entrepreneurs:
- Info-guide: Before starting your business
- Test your entrepreneurial potential
- What legal form suits your business? (in French)
- Workshop: Introduction to launching a business
Training for entrepreneurs
It’s essential that you keep developing your entrepreneurial skills. Many different organizations offer training tailored to your real needs, whether your business is for profit or in the social economy.
- SAJE accompagnateur d'entrepreneurs
- Yes Montreal
- Commission scolaire Marguerite Bourgeois (in French)
- Compagnie F (in French)
- Réseau Coop: Workshop: Introduction au démarrage d’une coopérative (in French)
- Starting a restaurant (in French)
Taxes and different registrations
Many tools are available to help you with tax matters. See these guides, web pages and training workshops:
- Do I have to register with Revenu Québec?
- Special considerations concerning the QST
- Registration with different authorities
- Tax checklist from Revenu Québec (in French)
- Tax workshops
Information required when applying for financing
When applying for financing from PME MTL, you will need a complete business plan and current or forecast financial statements and any other supporting documentation deemed relevant.
Guide to preparing a business plan
- Business plan for a for-profit enterprise
- Business plan for a for a social economy enterprise
- Modelo de plan negocios de una empresa de economía social (Los planes de negocios presentados a PME MTL para obtener un apoyo financiero deberán estar escritos en francés. Sin embargo, para facilitar su comprensión obtenga aquí un plan de negocios en español.)
Forecast financial statements
- Financial forecasts (download) (in French)
Competition and awards
Enter your business plan in a competition or for an award and you could win prizes, get excellent visibility and expand your network.
There are many competitions just for entrepreneurs:
- Défi OSEntreprendre (in French)
- Les prix ESTIM (in French)
- Prix Femmes d’affaires du Québec (in French)
- Desjardins Entrepreneur Awards
- Mouvement, le concours d’innovations sociales (in French)
- À go! On change le monde (in French)
- Fonds Jeunes entreprises
- Fondation Montréal Inc.
- Spin Master Innovation Fund
- Les Offices jeunesse internationaux du Québec (in French)
Organizations that support entrepreneurship
Support from specialized resources greatly increases start-ups’ survival rate while reducing risks for young businesses.
Consult these Montréal organizations that offer services tailored to entrepreneurs’ needs:
- Futurpreneur Canada
- Fondation de l'entrepreneurship (in French)
- Filaction (in French)
- Support for self-employed workers
- Prêt à entreprendre (in French)
- TransTech for R&D
- Centech de l’ETS (in French)
- Centre de transfert d’entreprises Montréal
Montréal is fertile ground for technology “seedlings." Many organizations help fertilize this entrepreneurial garden, with specialized support, customized office space and investments.
Businesses with a social impact and social economy enterprises can call on a vast network of organizations and partners ready to support them as they start out or grow.
- RISQ – Réseau d’investissement social du Québec (in French)
- Ministère de l’Économie, Science et Innovation Québec, direction de l’entrepreneurship communautaire (in French)
- Esplanade (in French)
- CDR Montréal-Laval (in French)
- Fondaction CSN
- Réseau de la coopération du travail du Québec (in French)
Thanks to several well-known organizations in Montréal, female entrepreneurs can obtain specific services tailored to their needs: consulting, training and financing programs.
Similar tools and resources
Buying or selling a business
Getting ready to buy or sell a business Buying or selling a business calls for good preparation by both the vendor and the purchaser. The seller must ensure that the business is well positioned, show the value added by its goods and services, prove its market potential and highlight its team’s expertise. The buyer must also be ready and properly equipped to keep the business thriving. Various economic development players offer a number of t...
Innovation and innovative businesses
Small and medium-sized enterprises in Montréal looking for innovative solutions can now take advantage of new initiatives.
Mentorship for entrepreneurs
Pairing business veterans (mentors) with entrepreneurs (mentorees). Mentorship program offered by Réseau M.
Specialized organizations and resources are available for entrepreneurs who want to do business abroad or explore new markets.
Financial partners and financing programs
Entrepreneurs and businesses have access to a wide range of financial partners ready to contribute to their economic development. In addition to financing, they offer a variety of other business services.
Marketing and sales
The essence of marketing is to understand your customers’ needs and develop a plan that responds to those needs.
The environment is an increasingly important consideration in our society. Businesses have a role to play in conserving resources.
Business plan and financial tools
A business plan is a planning tool that lets entrepreneurs structure their ideas. It identifies the mission of the business, the vision and values of the entrepreneur(s), and the services/products to be offered. It also analyzes the market (segmentation) and the competition and lays out the marketing strategy, financial forecasts, etc.
Social economy enterprise
There are three main differences between a social economy enterprise and a traditional commercial business.
The concept of social entrepreneurship places the emphasis on the entrepreneur, his or her values, mission and approach and the social impact of the business.
Depending on your industry, the proper location can be a strategic decision. PME MTL experts help entrepreneurs look for locations suited to their needs.
The legal form you choose will depend on what your business will be doing, the number of people involved, risk management, financial and social objectives, etc.