One of the biggest questions people ask themselves at the start of a new year is, “what should my new year’s resolution be?” And similarly, for many businesses, entering a new year means another chance to get things right as many find themselves refreshed and ready to kick-off their personal and professional goals.
One of the biggest questions people ask themselves at the start of a new year is, “what should my new year’s resolution be?” And similarly, for many businesses, entering a new year means another chance to get things right as many find themselves refreshed and ready to kick-off their personal and professional goals.
We at Betty’s Law Office want to remind you that optimizing your business is one of the best things you can do to take it to the next level.
If You’re Just Starting…
If you have not already done so, right now is the perfect time to get started. In the Fall of 2021, the Ontario government launched a new Ontario Business Registry which provides small business owners and not-for-profits with a simple and efficient way to complete over 90 business transactions online.
With this newest registry, new and existing businesses are afforded direct access to the Ontario government’s services – 24 hours a day, 7 days a week. These transactions include registering a new business, dissolving an existing business, incorporating a business, filing an annual return and many other critical business operations.
Tip: If you find yourself needing guidance on any of the above, contact us today to inquire about our small business package and how it can benefit you and your business for years to come.
The Benefits of Incorporation
As many business owners are aware, growth is critical to maintaining a lucrative and successful business operation. However, without a proper business structure in place, it can be difficult to increase sales growth, maximize profit and minimize risk. For growing businesses, incorporation carries many benefits.
These benefits include:
- Protection against personal liability
- Higher likelihood of attracting investors
- Lower tax rates
- Increased accessibility to financing and grants
- Enhanced business credibility
- Continuous existence
One important consideration is whether you want to incorporate your business provincially or federally.
Speak with a Professional
Whether you are an existing client or a new client, our team is happy to assist you in mapping out your business needs to help best meet your organizational goals.
We offer a variety of small and corporate business packages which aim to help you grow your business and minimize legal risk in this everchanging economy.
To schedule a consultation, contact our team at 416-972-9472 or fill out our online form.
