Dreaming about starting your business? Registering your Sole Proprietorship in Ontario, Canada is easier than ever!

https://www.ontariobusinesscentral.ca...

This video provides you with helpful tips and information needed to register a Sole Proprietorship.
#businessregistration #soleproprietorship #entrepeneur #startup

Now you may be asking yourself, what is a Sole Proprietorship?

A Sole Proprietorship is the most commonly registered form of business. This allows one individual owner to operate a business. This is a simple, easy and cost effective way to begin a business in most Provinces across Canada. OBC offers the Sole Proprietorship registration in:

Alberta - https://www.ontariobusinesscentral.ca...
British Columbia - https://www.ontariobusinesscentral.ca...
Manitoba - https://www.ontariobusinesscentral.ca...
Ontario - https://www.ontariobusinesscentral.ca...
Saskatchewan - https://www.ontariobusinesscentral.ca...

The advantages for Sole Proprietorship are as follows:

-Inexpensive to register
-Uncomplicated setup
-Taxed through your existing personal tax filing
-Easy to change the address or cancel the business

The disadvantages for the Sole Proprietorship are as follow:

-You are personally liable for risks and responsibilities of the business
-There is no business name protection
-Limited ability to make changes as the business grows
-Limited access to venture capital or outside investment
-Requires renewal in most Provinces every 3-5 years.

What information is required to register a Sole Proprietorship?

-Name of business or legal name of individual
-Business activity
-Legal name of individual registrant
-Business address
-Individual owner address

Once the registration is completed you will receive a pdf by email with your completed business registration and can begin operating your business right away! After your business has been registered you may wish to consider the following:

-Municipal licensing - https://bizpal.ca/
-Business accounts (bank, credit, CRA accounts...etc.)
-Business insurance
-Determining a business plan - https://www.ontariobusinesscentral.ca...
-Online presence for your business (Google https://www.ontariobusinesscentral.ca..., social media accounts https://www.ontariobusinesscentral.ca...)
-Branding https://www.ontariobusinesscentral.ca...
-Business apps to make your life easier https://www.ontariobusinesscentral.ca...

What does Ontario Business Central offer me to complete my registration?

That is a great question! Ontario Business Central has been assisting thousands of individuals each year since 1992 to register their Sole Proprietorships. With each order you receive the following:

-Review of your registration to ensure compliance is met for government regulations
-Online registration through our easy to use website
-Same day registration
-The option to include a preliminary search for business name availability
-Both phone and email support before, during and after your registration
-Email communication when the registration is up for renewal
-Free copy of your registration available at any time
-Availability to assist with the setup of HST, Payroll and other accounts on your behalf once registered
-Great resources/blogs with awesome tips for new business owners

Ontario Business Central has been assisting entrepreneurs to start their businesses since 1992, our friendly and helpful staff would love to help you get started! We handle the paperwork, so you can focus on launching your business.

Contact us today to get started or if you wish, read our detailed blog for the essential guide to starting a small business.

[email protected]
Toll-Free: 1-800-280-1913
Local: 1-416-599-9009
Office Hours: 9:00am - 5:00pm Monday - Friday E.S.T.

For the full detailed blog:
https://www.ontariobusinesscentral.ca...

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The information provided in this video is specifically designed for assisting those who are looking for general incorporation details and in no way shall be considered as legal or accounting advice.