One of the first questions new business owners need to answer is how to legally structure their business, a question often phrased as, "Should I incorporate my business or not?"
Here are seven reasons to incorporate your business. Whether you're starting a new business or running an established enterprise, you'll probably want to incorporate if any of these situations apply.
More Incorporate Your Business Resources
- Advantages and Disadvantages of Incorporation
- How to Incorporate Your Business in Canada
- Types of Corporations in Canada and Corporate Tax
The Other Choices: Read about all the different forms of Canadian business ownership.
Image (c) Nick White / Getty Images
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