The When and How to Transition Sole Prop to Inc.
Friday, September 23, 2022
9:00 AM - 10:00 AM
This session will explain some key differences between sole proprietor vs incorporating regarding business owner decisions and implementation of each option.
This session would be good for anyone who wants to know questions and answers when making the decision to Incorporate or not.
- REASONS to Incorporate
- WHEN to transition from sole prop to Inc.
- HOW to transition a sole prop to an Inc
- Differences in chart of accounts
- Differences to Incorporating Federal or Provincial
- Differences in Owners income/draws/dividends/payroll