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Guide to Start a Business

Chapter 1 - Canada Business NWT

Your Source for Business Information

Canada Business NWT is part of the Canada Business Network. It provides a wide range of information on government services, programs and regulations.

Canada Business NWT provides small businesses and start-up entrepreneurs with practical information and referrals. Canada Business NWT reduces the complexity of dealing with various levels of government by serving as a central resource for Canadian and territorial business information.

Currently, there are Business Centres in each province and territory. The centres have a growing network of partners providing access to information in communities across Canada.

Whether you contact Canada Business NWT in person, by telephone or through the internet, you will have access to a variety of business products and services, including:

  • Information officers who can direct you to a large collection of printed and online information sources.
  • A website, which offers a variety of small business information and access to a database containing information on government programs, services and regulations. 
  • Referrals to government departments, associations and private sector specialists.
  • Library reference and research materials to help you with market research and business planning. Public computer workstations with internet access and popular software programs, e-readers, notebooks, printer, fax machine and a photocopier.
  • Free video and web conference workshops on a wide variety of business topics.

Canada Business NWT recognizes that there are business opportunities everywhere in the NWT. We have established regional access sites at Community Futures Development Corporation offices throughout the NWT to assist you.

Services and Info

Want to be your own boss?
The idea of starting your own business is appealing to a lot of people and it can be very rewarding. This information will help you plan for a successful start to your entrepreneurship journey.

  • Developing your business plan
  • Business name and registration
  • Choosing a business structure
  • Financing your business
  • Checklists and guides for starting a business

Growth is the product of your success. Learn how to prepare your business for growth, to infuse it with innovation and to use the internet as a business tool.


Entrepreneurs often report that getting financing is the most challenging aspect of starting or growing a business. If you are looking for money for your business, you should start by learning about the different types of financing that are available and assessing which one is best for your needs. You can also reduce your need for loans by managing your finances effectively.


Are you trying to understand your responsibilities with regard to taxes and GST?

Learn about business tax topics, including GST, HST and PST, tax remittance, tax refunds and credits, and more.

Learn about regulations, permits and licences that apply to your business.

  • Permits and licences
  • Regulations for specific business activities
  • Regulatory change
  • Standards

Discover the basics of doing business in other countries. Whether exporting, importing or investing abroad, learn how to take part in these international trade activities.

Find out how to write a business plan and access templates and sample business plans.

  • Writing your business plan
  • Business plans – templates and samples

The backbone of any business starts by setting goals and successfully managing the ups and downs of daily operations. In this section, you will find out how you can structure your business, manage production processes and avoid risks. It provides the tools you need to help your business succeed.

Discover what market research is and how to create an effective market research campaign. You will also find resources and statistics you can use to learn more about your industry, your customers and the markets you serve. This information can ultimately help you to make informed decisions that can maximize the potential of your business.

  • Conducting market research
  • Labour and employment data
  • Demographics
  • Industry sector data
  • Canadian economy
  • International markets
  • Importing and exporting
  • Environment
  • Science and technology
  • General research and statistics

Find out how to get the word out about your company, and increase your sales.

  • Marketing basics
  • Promoting and advertising your business
  • Sales and customer relationship management
  • Selling to governments
  • Marketing regulations and standards

Access billions of dollars in contracting opportunities from the federal, provincial, territorial, municipal and foreign governments.

  • Benefits of doing business with government
  • Selling to the federal government
  • Selling to provincial, territorial and municipal governments
  • Selling to foreign governments

Learn about intellectual property (IP), including patents, trademarks, copyright, industrial design and integrated circuit topographies, and how they can protect your business.

Find environmental programs and resources that could impact your business – from greening your business to finding funding to become environmentally efficient.

Know your options and obligations before you exit your business, whether you are closing for good, handing over your business to friends or family, or selling it.

  • Succession planning
  • Closing your business
  • Bankruptcy

Employees are the lifeblood of your business. Learn how to recruit and manage your staff to maintain organizational vitality.

Canada Business NWT (services provided by Prosper NWT)

Location: 5009 – 50th Avenue, Yellowknife, NT X1A 3S9

Mailing address: P.O. Box 1320, Yellowknife, NT  X1A 2L9

Tel: (867) 767-9075
Fax: (867) 765-0652
Toll Free: 1-800-661-0599
Toll Free TTY: 1-800-457-8466

Regional Access Partners

Deh Cho Business Development Centre

Serving the communities of Fort Liard, Fort Providence, Fort Simpson, Jean Marie River, Kakisa, Nahanni Butte, Trout Lake and Wrigley
Tel: (867) 695-2441

Thebacha Business Development Services

Serving the communities of Fort Smith, Fort Resolution and Lutselk’e
Tel: (867) 872-2795

Western Arctic Business Development Services

Serving the communities of
Aklavik, Fort McPherson, Inuvik, Paulatuk, Tsiighetchic, Tuktoyaktuk
and Ulukhaktok
Tel: (867) 777-2836

Southwest Territorial Business Development Corporation

Serving the communities of Enterprise, Hay River and Hay River Reserve
Tel: (867) 874-2510

Sahtu Business Development Centre

Serving the communities of Colville Lake, Déline, Fort Good Hope, Norman Wells and Tulita
Tel: (867) 587-2016