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SHOULD I INCORPORATE MY NEW BUSINESS? Canadian Small Business Course

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Page 1: Ways to Structure Your Small Business

SHOULD I INCORPORATE MY NEW BUSINESS?

Canadian Small Business Course

Page 2: Ways to Structure Your Small Business

Should I incorporate my business?

What if its just a side-business?

How and when do I file taxes?

Page 3: Ways to Structure Your Small Business

Proprietorship

Easy to start

Cheap to register

Easy to administer

Not flexible

Page 4: Ways to Structure Your Small Business

PartnershipTwo or more

people

Partnership interest

Easy to set up and administer

Agreement

Page 5: Ways to Structure Your Small Business

CorporationSeparate entity

Shareholders

Expensive to set up

Expensive to administer

Page 6: Ways to Structure Your Small Business

Canadian Small Business Course

www.sbclearnbusiness.com

http://www.sbclearnbusiness.com/

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