Should I Incorporate? | Doing Business in Canada

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As someone who has been dreaming to be an entrepreneur, one of the first steps in setting up a business is to choose your business structure. You may have heard of a sole proprietorship, a partnership, and a corporation. But what exactly is the difference between the three?

00:00 Intro
00:45 Sole Proprietorship
02:20 Partnerships
04:05 Corporation
06:42 Need helping deciding which Business Entity is right for you?
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WHO AM I:
Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, working with Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for specific advice related to your business situation and needs.

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