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 | | Financing Options | Sources of Financing | Estimating Your Costs | Facilities and Equipment | Investor Readiness | Financing Checklist
How Will You Finance Your New Venture?
It takes money to start a business. When starting a new venture one must consider how they will cover costs such as vehicles, equipment, land, buildings, supplies, and employees. A new venture will also require money for daily operating expenses such as rent, taxes, salaries and wages, advertising and utilities.
Explore all of your financial options before determining the most suitable type of financing. The amount, type, and source of financing that you need to start your new venture will depend on your product or service, how much money you can invest or require, how long you need it and how you plan on paying it back.
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| | Financing Options
How Will You Finance Your New Venture?
- Explore Your Financing Options - This site from Small Business BC will help you assess your financial options by breaking down the differences of various financial arrangements
Sources of Financing
Where Will You Find Financing?
- Sources of Assistance - Here you will find a list of funds that have been established as tools to encourage growth and competitive development in the agriculture and food industry
Estimating Your Costs
How Much Will it Cost?
- Start-up Cost Sheet - This worksheet will help you keep track of living and operating expenses while starting your business
- Preparing Financial Projections and Monitoring Results - This factsheet provides tips to help you complete financial forecasts which will be useful when dealing with lenders, investors, and others. These pages give high levels of understanding on topics such as financial planning, start-up and expansion costs, key assumptions, balance sheets, income statements and performance ratios
- Determining Your Start Up Costs - This worksheet from Parkland Community Futures Development Corporation will help you calculate your start up costs and determine how much start up financing that you require
Facilities & Equipment
Are You Physically Ready to Produce Your Product or Service?
- Lease or Buy Calculator - This tool from Industry Canada is designed to help you decide whether to lease or buy business equipment
- Hazard Analysis Critical Control Point (HACCP) - Hazard Analysis Critical Control Point is an effective and rational means of assuring food safety from harvest to consumption. Each food establishment needs to develop their own HACCP system and tailor it to the industry's individual product, processing and distribution conditions
- Alberta's Commitment to Food Safety - Food safety is the responsibility of everyone involved including producers, feed mills, veterinarians, food processors, transporters, retailers and food service providers. Here you will find information and links to food safety resources in Alberta
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| | Investor Readiness
How Will You Work With Investors?
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Phone the Ag-Info Centre, toll-free in Alberta at 310-FARM (3276), for assistance. | |
This document is produced in cooperation with
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