If you are operating a business in Canada, you have three choices in terms of the legal structure:
As a Sole Proprietorship, the business is NOT a separate legal entity. The business owner directly owns the assets of the business and is directly responsible for the liabilities of the business. If the business has a separate name from the owner’s name, you need to register the business name with the applicable Corporate Registry.
The lack of liability protection is the biggest potential CON of a sole proprietorship. A business owner can reduce the risks...
Congratulations on starting your online business. Whether you have been running this business offline for a while or whether this is a brand new business to you, there are a lot of things to think about legally, especially for Canadian online businesses.
This article will help you understand what you need to do legally to protect yourself and your business and to set yourself up for success on a strong legal foundation.
The Four Legal Protections To Put On Your Website
When you have an online business, your website is where you welcome new people. It’s like your storefront on the internet. You may have spent some time making your website look sharp and tweaking your message and content, but you also need these four legal things: