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Starting a small business? Here’s what you need to know

September 2025

Finance Friday

In this episode of Finance Friday on CHCH Morning Live, Colin Cyr, Senior Manager of Business Services at FirstOntario Credit Union, answers a viewer question from Julie in Woodstock about how to successfully start a small business.

From building a solid business plan to understanding startup costs and funding options, Colin shares practical advice to help entrepreneurs lay a strong financial foundation. Whether you’re launching a new venture or refining your current strategy, this segment offers valuable insights on how credit unions like FirstOntario can support your journey.

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Strong financial literacy is key to making informed decisions about money.

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This content is provided for informational and educational purposes only, is subject to change without notice, and should not be considered financial, tax, legal, investment, or any other form of professional advice. Nothing presented constitutes a recommendation, solicitation, endorsement, or offer by FirstOntario Credit Union. You assume all risks associated with the use of this content, including, without limitation, any reliance on its accuracy, completeness, or usefulness. Links to third-party websites may be included for convenience; FirstOntario Credit Union does not endorse and is not responsible for the content of these external sites.