HOW to START a BUSINESS in CANADA // REGISTER Sole Proprietorship with CRA //Canadian Business Guide

Published 2021-08-22
How do I START my OWN BUSINESS in Canada? How do I Register my Business with the CRA? Should I start a Sole Proprietorship or a Corporation? Should I Register a Business Name or use my Personal Name? What is a Business Number and How do I Register for it? Will I need to Register for GST / HST?

I will be breaking down HOW to Start your Own Business in Canada! Whether you’re starting a side-business or building an entire company, I’ll go over the different options to register your business, how to choose your business name and how to build and protect your brand! I’ll go over how to register your business name with the provincial government as well as federal government registration with the CRA. I’ll show you how to register for a Business Number as well as Payroll and GST / HST. I’ll also compare sole proprietorships and corporations and help you decide which one works for you!

WHY You SHOULD Start a Business: 🇨🇦
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SKIP AHEAD ⏩
-Intro: 0:00
-Sole Proprietorship: 0:46
-Bank Account: 2:23
-Sole Prop Personal Name: 3:11
-Professional Activities: 3:44
-Business Name: 4:16
-NUANS Name Search: 5:16
-Register Business Name: 7:23
-Protect Your Brand: 8:37
-Business Number - CRA: 10:03
-Federal Registration - CRA: 10:57
-GST / HST - 11:32
-Corporation: 13:39
-Summary: 15:40

WATCH NEXT ▶️
-How Taxes Work in Canada -    • HOW TAXES WORK IN CANADA | REDUCE YOU...  
-TFSA Explained Investing Tax Free -    • TFSA Explained | Investing Tax Free |...  
-Canadian Tax Savings Tips -    • CANADIAN Year End TAX SAVING TIPS / H...  
-4 Steps to Become Wealthy -    • 4 Steps to Become Wealthy | Long Term...  
-How to Buy Stocks on Questrade -    • How to Buy Stocks? QUESTRADE Tutorial...  
-Best Canadian Dividend ETFs -    • BEST CANADIAN ETFs FOR DIVIDENDS | TF...  
-WHY You Should Start a Business -    • WHY You SHOULD START a BUSINESS in CA...  

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#CanadianBusiness #EntrepreneurCanada #StartingBusiness #CanadianTaxes
#CanadianBusinessGuide #SoleProprietorship #BusinessNumber #FinancialFreedom #CRA

All Comments (21)
  • @ramican9155
    Canada is proud of you, you are part of the solution!!!
  • @get2MADETTE
    This was incredibly helpful!!! Trying to figure this out on my own has been a challenge and your video explained it in a very simple, straight-forward way, that I now have more peace of mind about my business and which direction to take. Also the captions in your video are SUPER HELPFUL too! Thank you so much!!!
  • Always glad to see a new video from you! They are all so valuable. Thanks!
  • @andrewjames3288
    This channel is so essential. Always clear and direct, always in depth explanations of the topic at hand. Stellar job man🙌🏾
  • @jklhkjdag
    I haven’t even started watching the video but I know it’s gonna be a good one! Thanks Adrian!
  • @jasonstupak4535
    Great Scott! Watched and liked, thanks Adrian! Still so thankful you got me on this dividend stock journey. Have grown my knowledge and wealth in such a short time period.
  • @BYEmilyKnight
    Thanks for making this! Such a straightforward and comprehensive overview.
  • I have been stressing so much about this subject and have been trying to make sense of articles and advice from my entrepreneur community. Thank you for making the concept so simple and easy to follow!
  • @4Han
    This video is amazing! Finally, someone who has made a video that is easy and clear to understand. Thank you, Adrian. Just subscribed :)
  • You’re a blessing thank you for making this video with closed captions.
  • @KKS.22
    You make videos on topics i exactly want. A perfect YT channel for me
  • @StarshipsSteel
    I feel like I never get to watch the video I want, I always end up having to watch another video first, and then get sidetracked down another video and then another... Seriously though, just came across your channel looking for info about dividends in Canada. Good stuff. Thank you for your content.
  • @abhispace4
    Damn Adrian, your enthusiasm, your level of knowledge and accuracy of information really motivated me to open a questrade account and start investing my savings. Now I have to open sole proprietorship business and start making more money!
  • @ksich8142
    Great vid ! Trust me there’s always something that one can know that another won’t so keep the videos coming !
  • @mshepherd3250
    I've been watching your videos for almost 3 hours now this morning, all because I was looking for beginner's help with questtrade. Your videos are so helpful and easy to watch and pay attention, you're a good teacher! Thank you!
  • @AlpineDividends
    Thanks Adrian! I'm an unregistered sole proprietor, and will likely cross the $30k threshold later this year, so I'm looking forward to your GST/HST video
  • @JeepingNet
    Amazing video as always! Looking forward to the GST/HST video. I'm a sole proprietor working on consulting contracts so I've been using the Quick Method since I don't have many expenses. A possible good video for this series would be what steps do you need to take with your first employee. The idea of having an employee is attractive to me but the process is a bit gray.
  • @mohammedosman88
    Awesome video, very informative as always! Thanks Adrian 👍🏻 Really looking forward for the rest of the series :)))