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Reasons you should move your startup to Toronto

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    move your startup to Toronto

    Moving can be a stressful thing. No matter if you want to move your business or just move to your new home. There are a lot of commercial moving companies Toronto has to offer. You need to prepare well, so you can have a smooth relocation. Take your time, and plan everything. Preparation is the key as well as research! First, put everything on a piece of paper. Make a list of everything you think is important, and stick to the plan. When it comes to reasons you should move your startup to Toronto, there are quite more than a few. And we will gladly present them to you.

    Before you move and start a new business

    If you have decided to move to Toronto you need to prepare everything for the relocation. Number 1 Movers is something that the residents recommend. It is time for sorting your belongings. Put aside all the items you do not need anymore. If there are items that you haven’t been using for a long time and have no sentimental value, it is time to get rid of them. You can sell them online, donate them to charity organizations. Or even organize a yard sale.

    Reasons you should move your startup to Toronto
    Before you relocate and start a new business it would be good to hire professional movers to help you.

    If you don’t have the time for packing, many of the moving companies offer a packing service. You should always ask your movers for that option if your budget allows you. They will for sure do it faster than you. Plus, you will have time to make plans regarding your business. Another option is to rent a storage unit in the city you will move to. In case you have some items that have sentimental value to you.

    When researching your potential movers, make sure to check and compare at least 5 moving companies. There are a lot of Toronto movers, so be sure to check them out and research them. That way you will have a better overview of the whole situation. And make your decision a bit easier. When you have the facts, it is easier to choose the right company that suits your needs and budget as well. There are some key things you should pay attention to when choosing the right company for you. Information on the company’s web page, company address, and license number. Check the address of your potential movers. To be sure that they really exist. Fraudulent companies use the license of existing ones! Pay attention to that especially! 

    Reasons you should move your startup to Toronto

    Toronto is one of the greatest cities if you want to do your business, and it is the 4th largest city with 2.8 million residents. So, five of Canada’s six largest banks have their headquarters near the country’s busiest stock exchange in Toronto. You will find around 86,700 businesses. Among the 1.4 million people that are working, you will lightly find a highly skilled workforce.

    Toronto has three universities and five colleges offering training in virtually every discipline and skill. It also leads the country in the number of post-secondary schools and graduates with more than 15,000 medical/biotech researchers, two top-ranked MBA schools as well as excellent programs in engineering, computer sciences, and multi-media. Moving to Toronto will provide your startup with instant access to some of the world’s best and brightest innovators. Recently named one of the world’s most innovative cities, Toronto is home to between 2,500 and 4,100 active tech startups. It is after all the most diverse city in the world. Especially for female entrepreneurs — 12.5% of partners at venture capital firms in Canada are women, which stands at more than double the rate in the U.S., which hovers at a meager 6%.

    moving your startup
    Starting a business in Canada has a lot of advantages.

    Toronto also has better social policies and services when compared to cities in the U.S. Thanks to Canada’s universal healthcare system, “safe jobs” are being left, and are having a lot of benefits. Without the risk of losing access to healthcare for them and their families. Canada is for sure setting the model for public-private partnerships in tech. Plus, there are robust tax incentives for companies investing in research & development. For example, for every dollar spent on engineering, companies can access approximately one-third of the cost back via government incentive programs.

    Funding as one of the biggest reasons you should move your startup to Toronto

    Securing the right funding is the most important thing for a startup. And Toronto certainly isn’t lacking in access to venture capital. Canadian startups, many of which are based in Toronto were already generating tons of investment. Venture capital hit a 15-year-high in 2016, with $2.75 billion invested, a 36% increase over 2015, and that number is only expected to rise. The Prime minister has made active efforts to support the technology sector, committing $900m in 2015 to support high-tech innovation and innovation hubs. And that directly benefits the startup businesses in Toronto.

    start up business
    Toronto is the right place to move the startup, especially for female entrepreneurs.

    Many of the U.S. VC firms have all invested in Toronto-based companies. Every day, more investors are looking to cash in on Toronto’s ventures. Tech heavyweights like Slack and Shopify all got their start in Canada. Which only proves that it pays off to move your startup to Toronto. With the right idea, you will succeed. VCs are looking to invest outside Silicon Valley. And Toronto might be the next big thing! Since so many Canadian startups are focused on solving big global challenges that have the potential for enormous scale and returns.

    Reasons you should move your startup to Toronto are more than favorable. Thanks to Canada’s great universal healthcare systems that also favors the startup community. As well as the variety of highly skilled staff you can hire. Plus the diversity of different cultures, it makes a really great place to move your startup there, and start the path of a successful entrepreneur. Even for females, where the country provides great benefits.