So it is, that I will start a new business of my own. Sounds simple enough. Give myself employment. Well, simple it is not. There is so much to consider. What will be the nature of this business? Should I specialize or go general? What kind of name and logo will stand out in peoples minds? What type of marketing works and how do I get it out there? So, so much.
I had been speaking with a counselor at the local VPI which is a leading Canadian Employment, HR Management and Rehabilitation Firm. I mentioned to the counselor that I thought the best path was to start my own business, become self employed. She informed me of a new government program to assist those that want to start their own self employment or small business. She sent me to "Job Skills" through Employment Ontario to a seminar supplying information to prospects about the Self Employment Benefits Program.
Now my last dealing with the government, it took months to put together all the information they required and then, after 6 months waiting, I received a letter stating "they had changed the criteria and I no longer met the requirements of that criteria". I am very leery of any government programs!
This application, which goes through much faster, in just a few weeks, is also through Ontario Ministry of Training, Colleges and Universities. The Job Skills counselor meets with the applicant and decides whether the business and the person applying has merit and is eligible. They will than recommend (or not) that person to the MTCU. The applicant has 1 week to fill in a very technical and exact application that is ten pages long. If you are accepted they will assist you to set up the business and get it started. 42 weeks of mentoring and assistance!
That is where I stand now. This is a brutal application. Not like applying for a job by any means! There is, and rightly so, a wealth of information they require to decide if you are eligible for assistance. There are things in here I never really thought of. So I am researching. Good information for me to know, obviously. They do not want anyone who has already started a business. It is OK if you have picked a name and registered the business but that's all they will allow. I am antsy to get going. The wait will be torture for two reasons. I am not to start the business. I will not find out if I am accepted until mid June. My insurance runs out at the beginning of June! I am really excited and very nervous about the prospect. Wish me luck!