Location and Accessibility
- Redwater is strategically located in Alberta, offering excellent access to major transportation routes, making it ideal for businesses requiring logistical efficiency.
Economic Environment
- The town has a diverse economy with strengths in oil and gas, agriculture, manufacturing, and retail.
- Redwater is part of Alberta's Industrial Heartland, providing opportunities for businesses in the petrochemical and energy sectors.
Business Support and Incentives
- The local government provides various support services for businesses, including assistance with permits, licensing, and development approvals.
Infrastructure and Utilities
- The town is investing in infrastructure improvements to support business growth and community development.
Redwater & District Chamber of Commerce
Becoming a member of a Chamber of Commerce offers numerous benefits for businesses, individuals, and the community. Here are some of the primary purposes and advantages of Chamber membership:
Networking Opportunities:
- Business Connections: Chambers provide a platform for members to meet other business owners, potential clients, and partners, fostering relationships that can lead to new business opportunities.
- Events and Meetings: Regular events, meetings, and mixers allow members to connect, share ideas, and collaborate.
Advocacy and Representation:
- Voice in Government: Chambers advocate for the interests of their members at local, regional, and national levels, representing businesses in discussions about legislation, regulations, and policies that impact the business community.
- Policy Influence: Members have the opportunity to influence public policy through the chamber’s lobbying efforts and committees.
Business Development and Support:
- Resources and Tools: Chambers often provide resources such as business directories, market research, and industry reports to help members grow and succeed.
- Workshops and Seminars: Educational events on topics like marketing, finance, legal issues, and technology help members stay informed and competitive.
Marketing and Visibility:
- Promotion: Chambers help promote member businesses through various channels, including newsletters, social media, websites, and events.
- Credibility: Membership can enhance a business’s credibility and reputation within the community, as being a chamber member is often seen as a mark of trustworthiness and commitment to high standards.
Community Involvement:
- Giving Back: Chambers often engage in community service projects and charitable activities, providing members with opportunities to give back and make a positive impact on their community.
- Local Economy Support: By participating in chamber activities, members contribute to the economic vitality and development of the local area.
Professional Development:
- Leadership Opportunities: Serving on chamber boards, committees, or task forces offers members the chance to develop leadership skills and gain experience.
- Mentorship and Guidance: Chambers can connect members with mentors and advisors who provide valuable guidance and support.
Information and Updates:
- Timely Information: Chambers keep members informed about important developments in the business world, including changes in laws, economic trends, and new opportunities.
- News and Insights: Regular updates, newsletters, and briefings ensure members stay ahead of industry and market changes.
Overall, chamber membership can be a valuable investment for businesses and individuals looking to enhance their growth, influence, and impact within their community and industry.
If you are interested in becoming a member of the Redwater & District Chamber of commerce, check out the Chamber website!
Starting up a Business
Starting a business is a big and exciting decision. Being well prepared before you start operating is an important step towards increasing your chances of being successful.
Having an idea for a business is a good place to start, but it takes a lot of work to turn that idea into a reality.
Research and planning
Before you start a new business it is important that you do some research and planning. Consider the following:
- Is there a market for your business? Where are your potential customers located, and how will you reach them with your product or service?
- What makes your idea unique? How will your business compare to the competition?
- How will you market your business and attract new customers?
- What government regulations do you need to be mindful of that could affect your business?
- How much money do you need to start up? What will your operating costs be? How will you secure appropriate financing?
- What type of staff will you need? How will you handle human resources functions like hiring, payroll, benefits?
- Will you run your business as a sole proprietorship, partnership or corporation?
- Does your business need legal assistance?
Create a business plan
A business plan is a document that defines your business, your goals, and what you will do to achieve them. Your plan is both a roadmap to guide your business decisions, as well as your sales pitch to potential lenders, suppliers or investors. The Canada Business Network has a great summary of how to write a business plan.
Secure financing
One of the biggest challenges for new businesses is securing adequate financing to get up and running. Learn about the business grants and funding opportunities available to businesses.
Set up your business
The Canada Business Network breaks down the differences in business structures (sole proprietorship, partnership or corporation) and provides information on when you need to register your business.
Site selection
Where you decide to locate your business is a critical decision. Will you be setting up a home office, or do you need to build, purchase or rent a commercial building? Do you need to be close to your customers or suppliers? Do you need to be located in a specific land-use district?
Apply for permits
You may need to apply for municipal, provincial and federal permits depending on the nature of your business to ensure the proposal complies with the Land Use Bylaw. Be sure your timeline factors in time for permits to be processed.
BizPal is a tool to guide you through business permitting and licensing.
Town of Redwater Business License Application Form
Benefits of a Business License
Business license fees, often required by Municipalities for companies to operate legally within their jurisdiction, provide several benefits both for the businesses and the communities they serve:
Economic Development:
- Data Collection: Licensing helps local governments collect data on business activities, which can be used to identify economic trends and plan for future development.
- Support for Local Businesses: The fees can fund programs and initiatives that support local businesses, such as grants, training programs, and marketing campaigns to promote local commerce.
Community Benefits:
- Job Creation: By funding local services and infrastructure, business license fees indirectly support job creation and retention within the community.
- Enhanced Quality of Life: The revenue from these fees contributes to a higher quality of life for residents, which can attract more businesses and skilled workers to the area.
Equitable Business Environment:
- Fair Competition: Licensing helps level the playing field by ensuring all businesses adhere to the same regulations, preventing unfair competitive advantages.
- Identification of Illegal Operations: It aids in identifying and shutting down unlicensed and potentially illegal businesses, which could harm the community and legitimate businesses.
Overall, business license fees play a critical role in maintaining a balanced and thriving business ecosystem, benefiting both individual businesses and the broader community.
Contact the Business License Administrator:
LUEDO, Land Use/Economic Development Officer
780-942-3519 Ext 330
Cell: 780-289-7502
devofficer@redwater.ca
Business License Application Form & Fees
All Storefront businesses, non-local businesses, Street Vendor Businesses and Home-Based Businesses conducting business within the Town of Redwater require a business license.
Business License Bylaw ECDev-01-2023 outlines the types of licenses that are available. All Business Licenses are only valid for the year in which they are issued. Business License Fees are due January 1, of every year and expire on the 31st day of December . Business License terms are January 1 to December 31 annually.
Individuals or businesses wishing to apply for a new business license can print the 2024 Business License Form complete with a Credit Card Authorization Form and either drop it off, mail or email to devofficer@redwater.ca A digital copy of your Business License will be emailed to you.
Business License fees generate revenuet to the Municipality to help fund community programs.
Businesses Exempt from Business Licenses
In Alberta, certain businesses are exempt from needing a business license due to a variety of reasons that typically relate to the nature of their operations, their size, or specific regulations that apply to their industry. Here are some common reasons for exemptions:
Provincial or Federal Regulation: Some businesses are regulated by provincial or federal authorities rather than municipal ones. For example, financial institutions like banks and insurance companies are regulated at the federal level.
Professional Services: Certain professionals, such as doctors, lawyers, accountants, and engineers, are governed by their respective professional regulatory bodies and may be exempt from municipal business licensing requirements.
Agricultural Operations: Farming and other agricultural operations often have specific exemptions due to their unique nature and the importance of agriculture to the economy.
Non-Profit Organizations: Non-profit organizations, charities, and religious institutions may be exempt from business licensing requirements, although they might need to comply with other regulations and registrations.
To see if your Business is exempt, here is the Town of Redwater Business Exemption List
It's important to note that while a business might be exempt from needing a municipal business license, it still needs to comply with other relevant regulations, such as health and safety standards, zoning laws, and provincial or federal requirements. Businesses should check with their local municipality and other regulatory bodies to ensure they meet all necessary requirements.
Community Business Meeting
The Town of Redwater hosts Community Business Meetings quarterly please check back for meeting times and location.
If you have a specific concern or wish to speak to the Economic Development Officer for the Town of Redwater,
Contact Land Use Economic Development Officer, 780-942-3519 next 330 for more information or if you would like to set up a meeting or make a presentation.
The purpose of the Community Business meetings is to:
- areas of challenge and opportunity
- business collaboration
- business supports
- workforce needs and demands
- identify risks that could create barriers
We endeavor to bring information to the meetings at the grass root level, aimed at providing information relevant to our Community. Every month we will discuss upcoming events in our community, new businesses, relevant policies and bylaws, luncheon webinars, and receive updates from the Redwater and District Chamber of Commerce. We share information, insights and resources from attending regional meetings and conferences. Presenters are invited to attend that are of interest to the group.