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.