Scholars 
A corporation is one of the most common ways of structuring a business in Canada. Incorporating a business can be done at the federal or provincial/territorial level through the filing of the articles of incorporation (documents that outline the type of business, its shareholders, directors, and bylaws). A business can be a private or public … Read more
A General Partnership (GP) is a legal relationship between two or more persons, conducting business with a common goal to profit financially. In Ontario, GPs are governed primarily by the Partnerships Act (PA). No Separate Legal Personality A partnership is not considered a separate legal entity. In a general partnership, the liability of each partner … Read more
A sole proprietorship is the most basic business model whereby a sole proprietor (exclusive owner of a business) enters into agreements under their own name. Under this business model, the exclusive owner of a business undertakes the full economic and legal reasonability of the business. The business is not a separate legal entity from the … Read more
How You Experience the World is About to Change One of the biggest shifts every retailer faces when they open their first store is the mindset shift from employee to entrepreneur. It’s not going to happen overnight and it’s normal to experience resistance along the way, but stay open to knowing that the way you … Read more
Setting up any retail business will involve considerable financial outlay and time. The purpose of this guide is to take you through the steps to get started and provide you with relevant information that will help you plan your business start up. These are steps for preparing a retail business from scratch: Market Research Before … Read more