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.
- This information applies to British Columbia, Canada
- Reviewed in August 2019
This information from People’s Law School
explains in a general way the law that applies in British
Columbia, Canada. The information is not intended as legal
advice. See
our disclaimer.