In the past three years, I have helped many coaches, from business coaches to health coaches to life coaches (and many more) to start and grow their businesses online.
Here are my five legal steps to help you start your Canadian Coaching business on the right foot, whatever your type of coaching practice.
When you start a business in Canada, you have a choice of three legal structures - sole proprietorship, a partnership, or a corporation.
Most businesses start as a sole proprietorship because it is the most simple and inexpensive way to start. If you start this way, you can change your legal structure down the road when you grow.
Running your coaching business as a sole proprietorship is the most simple and straightforward option. You don’t need to create a separate legal entity, but you're required to register a business name if you're using a name...