Business Plan for Vancouver
Enhance Your Growth Prospects with the Best Business Plan For Vancouver
Consistently ranked as one of the most livable cities in the world, Vancouver boasts a thriving economy and a rich cultural diversity. And this British Columbian locale is also a great place for business as well. We offer professional business plan writing for your venture and customized solutions for your individual business plan objective.
The Global Startup Ecosystem Report 2019 places Vancouver as the 15th best city in the world for tech startups, and the city also ranks as one of the world’s top 20 Global Financial Centers. With the fastest growing economy in Canada, thanks to its robust international financial services industry, Vancouver offers unbridled promise to brands and businesses.
Why Vancouver is a Great Place for Expanding Businesses
According to the KPMG’s Competitive Alternatives Report 2016, Vancouver placed as one of the most competitive cities for business in the world. The province fared very well thanks to its:
- Low tax rates – Over the last several years, with over 100 tax cuts introduced in Vancouver, it boasts some of the lowest taxes in the continent. A large number of startups and tech businesses gain from R&D government rebates, which can go as high as 40%. Overall, the combined federal and provincial tax rate is 25% for small business owners who make up to $500,000 in profit a year.
- Cost of doing business – KPMG compared the cost of doing business in over 100 cities, and Vancouver ranked as the 5th least expensive city globally. Because of which the city has grown to be one of North America’s main high-tech and innovative hubs.
- Considered a Global Gateway – Vancouver fares very well in the export sector as well, especially with regards to Asia. The manufacturing industry, which constitutes a high percentage of exports was the city’s strongest result in KPMG’s report.
- Great Proximity to Silicone Valley and Seattle – Several entrepreneurs who have established successful businesses benefit from the strong technical and design talent in the city. Plus, compared to the valley, the salaries are lower, and the turnover rate is high.
- Good Transportation – In comparison with other Canadian cities, Vancouver realized one of the largest declines in transportation costs, which is another reason why business owners love setting up shop here.
Regardless of whether you are a fledgling entrepreneur, or an experienced small or medium-sized business owner looking to change the trajectory of your enterprise, how do you differentiate your offerings from the competition?
The answer lies in developing a robust, comprehensive, and professional business plan for Vancouver.
How Businessplan.org Can Help
Businessplan.org is an award-winning business plan company. With over 60 partner-consulting offices, a highly qualified team of 60+ writers and more than ten years of experience, we have a wealth of expertise across a plethora of industries.
- Irrespective of your niche market, our outstanding business plan writing service will design you a highly customized plan after taking onboard your unique requirements and goals.
- Your well-structured plan will enhance your opportunity of gaining access to bank funding, venture capital, and various other financing options.
- With a large database of industry comparison figures, market data and specialized research options, our team of business plan experts will help you gain valuable insights into your industry, giving you an upper edge over your competition.
- Most importantly, our comprehensive business plans will not only help you check the profitability and feasibility of your enterprise but also help you exercise control over the liquidity of your venture as well.
In a burgeoning economy where everyone is vying for a piece of the lucrative market share, it is essential to develop a professional business plan for Vancouver (for market and regional aspects of a business plan have a look at our advisor).
So if you want to explore new avenues for your business, expand your user base and increase your revenue, get in touch with us. Gift your business the road map it needs to climb up that ladder of success. That much faster.