Why This Matters
Having your business set up properly is important for tax purposes as well as protecting your business legally. There are many types of businesses including Sole Proprietor, Partnership, or Incorporated Company. Knowing the differences and the intricacies of each can be confusing but it’s important to ensure your classification and registrations are in place to optimize your operations and protect your business legally. Naming and registering your business can be a complicated process as you need to ensure the names and domains are available and not trademarked by another company.
Resources
Get Your New Business Off The Ground – An overview of setting up a new business.
Choose The Right Structure For Your Business – Understand the different types of business structure in Canada and some of the benefits.
How To Incorporate Your Business – A step-by-step guide from the Government of Canada on how to incorporate your business.
Canadian Trademarks Database – Search to see if your business name or a similar name has been trademarked by someone else.
Registering Your Business Provincially (BC) – OneStop allows to register your BC business with local, provincial and federal governments.
Recommendations
Ownr – An all-in-one platform for starting a new business. Full of resources and support to help entrepreneurs succeed.
Namecheckr – See if your desired handles are available across various platforms in one place.