Starting or purchasing your own business is an exciting concept. You can be your own boss and life will be very good. Unfortunately, not all businesses are successful, and the most common failing is lack of research and planning.
You need to prepare a business plan, obtain business financing and speak to a lawyer and an accountant about the legal and financial advantages and disadvantages of different types of business structures. The four most common ways of carrying on business in Ontario are sole proprietorship, partnerships, limited partnerships and corporations.
If you are thinking about incorporating a business or changing an existing corporate structure, we would be pleased to assist you. If your business is already incorporated, we would be pleased to assist you in keeping your corporation’s minute book up-to-date, and thereby maintain your company’s corporate status.