NewsCase StudiesEvents

Sole Proprietor in Canada. What you should know!

Also in the news...

Foreign Secretary travels to India to strengthen economic and tech ties, October 2021

Liz Truss announces technology and infrastructure tie-ups with India to boost both economies and help developing countries grow in a clean and sustainable way.

International Trade Week launched to support new exporters

Trade department support for exporters in week-long event taking place next month

Moving Abroad For Work: How To Manage Your Finances

Relocating to a new country to start a business or get an exciting new role is an exhilarating process, but you need to make sure that you’re fully prepared.

International Trade Secretary opens the Global Investment Summit

Secretary of State for International Trade, Anne-Marie Trevelyan, welcomes overseas investors and delegates to the Global Investment Summit in London.

Croatia: providing services and travelling for business

Guidance for UK businesses on rules for selling services to Croatia.

Sole Proprietor in Canada. What you should know!

Back to News

What does it mean to be a Sole Proprietor?

Starting and operating a business as a private individual has its benefits and drawbacks. While providing a simple and straight-forward business structure, which does not require any complicated registrations or administration, operating as a Sole Proprietor also exposes the business owner to personal liabilities for the operations of the business. It will also limit future growth and development of the business in many ways.

In this video we will overview the process of starting a business as a Sole Proprietor, registrations that are necessary or advised for business operations and an option of using a separate name for a business.

We will overview and summarize which types of business are fit for Sole Proprietorship to make the decision-making process as simple as possible.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.