People familiar starting a biz in canada help please!

danstevenson · 04-23-2009, 08:24 PM

Ok so I have a few questions I will be starting a business soon in Calgary, Alberta, Canada it will be a business focused on the music industry and developing bands and artists. It will be me and 1 partner for sure a second may enter this. We do not know what to file this under, to go with a incorporation or to just go as a register partnership biz I need help and also we will not have a actual office until a few months into the biz will that complicate things with legal issues and such... your inputs would be appreciated.

whitebark · 04-23-2009, 10:00 PM

Start with a limited partnership - it just makes things easier. A good place to start is at your local chamber of commerce. You'd be surprised how much information they can give you on everything business related - best part - it won't cost you a penny.

danstevenson · 04-23-2009, 11:21 PM

Originally Posted by whitebark

Start with a limited partnership - it just makes things easier. A good place to start is at your local chamber of commerce. You'd be surprised how much information they can give you on everything business related - best part - it won't cost you a penny.

Can you change to a corporation in the future with a limited?

FrankPinch · 05-05-2009, 08:49 AM

Yes you can create to corporation after. But if you have the funds now, i would suggest a corporation. Your corporation will get age and that can help your credibility.

The best structure is: Thrustfund & holdings / holdings / holdings...

fahaaz · 05-07-2009, 09:13 AM

thx for helping

whitebark · 05-25-2009, 11:28 PM

Originally Posted by danstevenson

Can you change to a corporation in the future with a limited?

Yes. And did you check out your local chamber of commerce?

danstevenson · 06-03-2009, 05:00 PM

not yet plan on setting up a meeting with someone next week and thx for all the help

04-23-2009, 08:24 PM	THREAD STARTER #1 (permalink)
danstevenson Senior Member Join Date: Jan 2005 Location: Calgary Posts: 1,357	People familiar starting a biz in canada help please! Ok so I have a few questions I will be starting a business soon in Calgary, Alberta, Canada it will be a business focused on the music industry and developing bands and artists. It will be me and 1 partner for sure a second may enter this. We do not know what to file this under, to go with a incorporation or to just go as a register partnership biz I need help and also we will not have a actual office until a few months into the biz will that complicate things with legal issues and such... your inputs would be appreciated.

04-23-2009, 10:00 PM	#2 (permalink)
whitebark Part-Time Zombie Join Date: Jul 2006 Location: Canada Posts: 3,495	Start with a limited partnership - it just makes things easier. A good place to start is at your local chamber of commerce. You'd be surprised how much information they can give you on everything business related - best part - it won't cost you a penny. __________________ *DOT CA DOMAINS DEMYSTIFIED!* Coupon Code \| Green Business Directory \| Zombie Movies Download BONG OF THE DEAD Today!

05-05-2009, 08:49 AM	#4 (permalink)
FrankPinch NamePros Member Join Date: Apr 2009 Location: Montreal / New York Posts: 45 Follow @FrankPainchaud	Yes you can create to corporation after. But if you have the funds now, i would suggest a corporation. Your corporation will get age and that can help your credibility. The best structure is: Thrustfund & holdings / holdings / holdings... __________________ Website design, SEO and Drupal Search Engine Optimization Service Florida home inspection

05-07-2009, 09:13 AM	#5 (permalink)
fahaaz NamePros Member Join Date: Apr 2009 Posts: 40	thx for helping __________________ Cricket Info Yoga Guide News Fuse Recipes

06-03-2009, 05:00 PM	THREAD STARTER #7 (permalink)
danstevenson Senior Member Join Date: Jan 2005 Location: Calgary Posts: 1,357	not yet plan on setting up a meeting with someone next week and thx for all the help

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)