PDQ Library:  Business Online

Starting your consulting business

  1. Visit the Entrepreneurship Centre at 111 Lisgar Street <www.entrepreneurship.com>

  2. Get an accountant.

  3. *Don't* incorporate unless there is a good reason to incorporate

  4. Register a business number and GST number at the start. You don't have to pay GST until you earn over $30,000, but most government departments won't deal with you unless you have a GST number.

  5. A sole proprietor does not need to register a business name - you can do business under your own name. A bank account under a business name has rules and costs that you don't have to deal with using a personal account.

Thanks to a discussion in Digital Eve (Ottawa).

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