How to Choose the Right Business Structure for Your Small Business

…each business structure, including each of their advantages and disadvantages. Business Structure #1: Sole Proprietorship Starting a sole proprietorship is the simplest way to set up a business. As a…

The Legal Requirements to Start a Business

…have developed two checklists outlining the ten basic legal requirements to start a business. Starting Your Business Checklist: provides the steps recommended for starting a sole proprietorship or partnership. Business…

How to Comply With New Laws as You Grow

…restrictions Provincial and Federal Incorporation To change your business structure, you need to dissolve your existing proprietorship or partnership and register as a new corporation. To dissolve your existing proprietorship,…

How to Keep on Top of New Industry Requirements

…you’re selling. And check with your municipality directly to make sure you’re in compliance with their regulations and bylaws. Beyond the Sole Proprietorship or Partnership Many businesses decide to change…

5 Steps You Should Be Taking to Protect Your Business

…a “sole proprietorship.” This is the simplest and most basic form of an organization. As a sole proprietorship, you and your business are one and the same. All responsibility of…

Succession Planning: Drafting Your Regulatory Roadmap

…to Call it Quits: Dissolving Your Business As in family succession planning, how you dissolve your business depends on its structure: Sole proprietorship or partnership. The process to dissolve an…

The 10 Step Guide to Starting a Business

…the following structures: Sole Proprietorship (the owner/operator or self-employed) General Partnership (involving one or more partners) Corporation (also known as a limited liability company) Unsure of which business structure is…

What’s Happening this August at Small Business BC

…at: http://sbbc.co/AugustGovCanada Moving from a Proprietorship to Incorporation – Tax Concerns Is your business registered as a sole proprietorship or partnership, but you’re now thinking of incorporating? Attend this seminar…

How to Exit Your Business: Your Legal Requirements

…Corporate Registry. How you file your dissolution will depend on your business structure: Sole proprietorship or partnership: Download and fill out the appropriate sections of the Dissolution or Change of…

Small Business Pulse April 2010

BC business starts increased in March by 16% over February to 4,929 registrations, 14% more than March 2009. Registrations include proprietorships, partnerships, corporations, and extra provincial corporations that open an…