Category: corporations

  A snow removal business is rather a quite rewarding and lucrative business in Canada, especially when one resides in Calgary. Winters are too tough here to allow anything short of the best equipment for getting rid of snow. In this blog post, I’ll share the story of how I started a side hustle in Canada, and how I, as a regular entrepreneur, turned my passion for providing services into a successful snow removal business. You will find out how I registered a snow removal business in Alberta. Along the way, I’ll offer some insights on how you can also get started in this lucrative and vital industry. Incorporate Now… Read More

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  Canada is a land of great opportunity, with a strong economy, an encouraging business environment, and a diverse population. Whether you are experienced in entrepreneurship or looking forward to side hustle ideas in Canada for high profitability, starting just the right thing will fetch extraordinary profits. Now, how could you decide about the best enterprise for your intentions? Let us see some lucrative business ideas considering the Canadian Market. Incorp Pro as a member of Corporations Canada is here to simplify the process of incorporating a business across Canada. Whether you’re setting up a provincial entity or a federal corporation, our expertise ensures a seamless and efficient registration process.… Read More

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  Operating a corporation often means building a distinguishable identity for your business. Adding a trade name, operating name, or “doing business as” (DBA) to your corporation is one of the more common ways to do that. The following guide will instruct on how to add trade name to corporation and further define some of the reasons why you might want to. Whether you’re looking to expand your brand or target a niche market, this step-by-step approach simplifies the process. What is a Trade Name? A trade name is another name under which your corporation does business. Although your corporation files under a legal name, a trade name allows flexibility… Read More

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  For many real estate agents, finding ways to grow their business, save on taxes, and keep more of their hard-earned money is a top priority. That’s where a “Professional Real Estate Corporation (PREC)” can come in. It’s a great tool for managing your finances and running your business more efficiently, but like any big decision, it’s not without its challenges. If you’re considering setting up a PREC Real Estate, this guide will help you understand the basics, look at an example from Ontario, and avoid five common mistakes people make when starting out. Why Set Up a PREC Real Estate? Here are some of the main reasons agents make… Read More

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  Thinking of expanding your business outside of your home province? Whether you have a very successful business in Ontario and want to expand into British Columbia or you’re eyeing Alberta as your next big market, you’ll need “extra-provincial registration”. But what does that mean, and why should you care? Well, Extra-provincial registration is the legal step you need to take to ensure your business is recognized and can operate in another province. It’s like getting a special “passport” for your business to travel across Canada. In this blog, we’re going to walk you through the top three tips to make sure your extra-provincial registration is as smooth and stress-free… Read More

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  Starting a business in BC can indeed be very exciting and rewarding. One of the most crucial steps here is to register your company name while incorporating in BC. A unique name will help your business establish its brand identity and win the trust of your target audience. This guide will walk you through how to register a company name and answer common questions about BC incorporation. Why Register a Company Name When Incorporating in BC? A registered company name helps you: Make sure your business identity is unique and distinguishable. Follow the necessary legal requirement for incorporation in BC. Protect your business name from people using it. If… Read More

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  You don’t have to be a lawyer or an accountant to register a business in Alberta. The surprising thing is that a lot of people still choose lawyers, which can cost up to 20 times the price of actual registration. In fact, the registration process is not that difficult and you can do it yourself, from the comfort of your home as it is 100% online. Also, Alberta is a great spot to start a business as it is known for being welcoming to new entrepreneurs, with low taxes and plenty of opportunities. This guide will walk you through the five key steps to register a business in Alberta… Read More

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  Starting your own business is one heck of an adventure, and if you happen to be in Ontario, well, then incorporation can be a real smart move to make for many entrepreneurs. Besides, incorporation offers protection from liabilities, tax benefits, and also gives a professional edge to a company that might differentiate it from other competitors. This blog post will break down how to incorporate a business in Ontario, what it means, and why it is a great idea for your startup. Let’s get rolling and explore how incorporation in Ontario works in a crystal clear, fun, and straightforward way! What Does It Mean to Incorporate a Business in… Read More

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  To register a business in Ontario is quite an adventure. Whether it be going full time with your freelancing skills or opening up your dream shop, making it official by registering the business is one giant leap. But let’s be real-the process might feel somewhat overwhelming if you’re doing it for the very first time. Take Alex Turno, for example. Alex had a natural eye for photography, but he knew he would need to push himself creatively to work with bigger clients and grow professionally. Setting up a sole proprietorship business was what seemed perfect for him because it was very inexpensive and effortless to file and gave him… Read More

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  When you think about starting a business, you might hear something called a Co-Op. But “what is Co-Op”, exactly? A Co-Op, short for co-operative, is a business that’s owned by the people who use it. In a Co-Op, every person who joins gets a say in how the business is run. This is different from regular businesses, where only a few people-like the owners or shareholders-make all the decisions. Suppose you and a bunch of others want to form a business. Instead of one person holding the majority, all of you individually have equal say in all the decisions. That’s the basic operation of a Co-Op: work together in… Read More

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