Yes, preparing a business plan is the first thing you have to do before starting in business.

It's nearly impossible to start a business without some financial or inventorial investment.

You should be able to meet at least 10% of the starting budget expenses. Ideally, the seed money will cover 20% of these expenses, and 30% at the most.

It will be difficult to obtain financing for your business project. You'll need patience and perseverance to go through the many obstacles when seeking investors. However, it won't be impossible to find some.

There are three main criteria : A good and realistic business plan, sound knowledge of the field in which you start your business; and basic managerial assets (accounting, book-keeping, sales and marketing, et al).

First and foremost, its location. Where you decide to establish a retail shop is one of the most important considerations.

There must be great chemistry between the partners. And preferably, these partners will also share complementary skills. Keep in mind that there is no magic receipe, chemistry is the main element.

First, we look at the type of business. At present, the best program is the 'PPE (prêt aux petites entreprises)' ; this small business loan program can reach $ 250,000.

A complete business plan comprises four parts : Description of the project, Marketing, Operations and Financial forecast (minimum 2 years).

The best suited program for your needs is the 'Soutien au travail autonome' which supports self-employment. You had best contact your nearest 'Centre Local d'Emploi' (employment centre).