The Business Navigator offers a free service that helps guide business owners and entrepreneurs through the various Provincial regulations associated with starting, owning, operating and growing a business. How can the Business Navigator help? ✅ Provide information on how to...
Innovation PEI's Business Development and Innovation Division provides information and help to new and existing business in Prince Edward Island. For the start up, expansion and diversification, the division provides: counselling financial help business guidance entrepreneur...
There are four basic methods of getting into business; start from scratch, purchase the assets of a business that has ceased operation, purchase an existing operation, or pay the fee for a franchise license. There are strengths and weaknesses for each method. Starting a business...
Introduction There are four common types of business structures in Prince Edward Island: sole proprietorship, partnership, corporation and cooperative. Each of these structures is described below. The structure you choose will depend on various factors, including the nature of...
PEI is recognized as a cost-effective, business-friendly environment. Industry-specific, state-of-the-art infrastructure is available to foster innovation and stimulate growth in emerging, existing and cluster sectors. Airport Business Park The Airport Business Park offers fully...
This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes: purchase and/or acquisition of business expansion new construction It does not provide working capital for the small business sector...
Your business plan is a put-your-thoughts-down-in-writing approach to bringing your business from an idea to reality. It is a clear description of your business, a written summary of what you hope to accomplish in business and how you intend to organize your resources in order to...
If you are interested in selling your existing PEI business to a newcomer through the Provincial Nominee Program, it is your responsibility to find the potential buyer for the business. We recommend you discuss this option with your accountant. Is my business eligible? For your...
If you are interested in a newcomer investing in your business and becoming a partial owner through the Provincial Nominee Program, you must submit an application to our office to assess eligibility. You must be willing to sell at least 33 1/3% of the equity of your business to...
There are four common types of business ownership. Which structure you choose will depend on key factors; the nature of your business operation, whether you prefer to have full control of your business or want to share management responsibilities, and who you want to be...