Small Business 101

These five important documents can help you navigate the legal loopholes on your journey to starting your business.
Kaitlyn Eadie May. 10, 2024 7-minute read

Everyone has dreams and aspirations relating to their lives. Whatever those hopes for the future are, an action plan is what takes you from idle fantasy to living that reality. For many, those goals relate directly to their 9-to-5 jobs. Whether you want to turn your hobby into a career, plant your flag as an independent or partnered professional, or set up a traditional brick-and-mortar store, there are an immense number of legal loopholes you need to navigate to get things moving. To help your budding business bloom, here’s information about starting a company.

What type of business are you establishing?

Tax numbers

Who needs them?

Business name registration

Who needs them?

Incorporation documents

Who needs them?

Partnership agreement

Who needs one?

Unanimous shareholder agreement

Who needs one?

Just the beginning

Kaitlyn Eadie

Kaitlyn Eadie is a freelance writer and editor based out of the Greater Toronto Area. Her background is in plain language writing and editing for the medical, legal, financial and engineering fields. She has been published in academic, creative and technical works and, before becoming a freelancer, was the editor of two Canadian magazines.