Archives: sole proprietorship

To Bake, or Not to Bake?

By Deborah Sweeney

Image courtesy of Shutterstock This is an odd question, but one I think needs to be addressed. Cookies, cupcakes, muffins, fudge – nearly everyone loves baked goods, so it is understandable that you, as the boss, would think about throwing on the apron and trying out your family’s secret Chocolate Chip Cookie recipe. But as [...]

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So you’re taking on the world. Perhaps you’ve fled from the corporate box to stretch your arms as an entrepreneur that can change things; you’re going to be the change you want to see in the world.  Maybe you’re fresh out of college and have known your entrepreneurial destiny since you discovered your true passion [...]

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Image courtesy of Shutterstock Every day around the world millions of people think of new business ideas yet only a small fraction of these ideas will ever become businesses. What prevents these ideas from becoming businesses? Perhaps the idea is not feasible. After all, not every idea can become a profitable business. There may be [...]

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This is the most important question when it comes to structuring a business. I have run a business as a sole proprietorship, partnership, and corporation. In Canada we don’t have the LLC structure so I can not give much insight into an LLC structure. I love the ease of a sole proprietorship. This is the [...]

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