Welcome to the MOO Startup Toolkit – feel free to (virtually) open it up, and have a look around if you’re thinking about starting up your own business. Early-stage businesses developing innovative products, processes or services may be designated as QNBVs. Mixed Payments Plan – for businesses that use cash, cheques or a range of ways to make and receive payments. New businesses should contact the Internal Revenue Service (IRS) to register for: an employer identification number; income tax- business and employee withholding; social security; federal unemployment insurance; and other federal taxes. Please note that the workshop materials were created for the benefit of the Design the New Business platform and are licensed under the Creative Commons to maintain coherence.

Registering your business — Getting a unique number for your business to simplify your dealings with federal and provincial governments as well as municipal jurisdictions. This type of structure can be an effective way to share business operation costs where, for example, several professional people operate out of a joint office.new business

SMEs, including social enterprises and cultural actors, can build their growth on business model innovation, taking into account new opportunities arising from servitisation, from individual empowerment, from a more collaborative economy, from opening up government data and services and from the pervasive use of new technologies.

The specific challenge addressed by this topic is to enable SMEs in traditional and new sectors, collaborative economy and creative sectors, cultural heritage and the social economy as well as collaborative public service creation to innovate and grow across traditional boundaries, through new business models and organisational change.

Sometimes a new business idea can come from a long-held dream to turn a fun hobby into a profitable life’s work. If you already have a talent for design, finding bargains, doing research, or connecting people with each other, you may be able to take those skills online to create a new Internet business.

By Kay