How to Choose the Right Business Structure

Business How Tos & Checklists

Before registering your business, you should consider the different options available to you. From a legal point of view, there are three common types of businesses: Sole Proprietorship, Partnership, and Corporation. Each structure has different and important implications for liability, taxation, and succession. Our Business Structure Information Sheet lists the key differences between each structure.

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Download our How to Choose the Right Business Structure resource and find out the advantages and disadvantages of each structure, to help you choose the right path for your business.

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Check out Small Business BC’s Registration Services and Advisory Services and find out how one of our Business Advisors can help you.

Alternatively take a look at our seminars and workshops available in-person at our downtown Vancouver resource centre or via webinar across BC.