There are two key decisions to make as you start a small business.
First is how to get started:
- by buying an existing business,
- by buying a franchise, or
- by starting a new business from scratch.
Second, if you decide to start a new business from scratch, is to decide what form of business to use:
- a sole proprietorship,
- a partnership, or
- an incorporated company.
Our page on starting a small business explains these options, as well as other key issues such as consents from third parties, licenses and registrations, and employee accounts.