Many business owners start their businesses by doing something which they love on a part-time basis. Little or no thought is focused on the legal form which the business takes. Implicitly, however, this form of business is the sole proprietorship type.
As the business grows, a number of factors could prompt a more conscious evaluation of the appropriate form which the business entity should adopt. This course provides an analysis of the major forms of business entities in Canada and should assist in the decision of which business form is most appropriate for a particular scenario.