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Sole Proprietorship


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This animation introduces the learner to various features of sole proprietorship and its merits and limitations.
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Sole Proprietorship

Sole Proprietorship California: Everything You Need to Know


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Compared to forming other types of corporate entities, creating a sole proprietorship California is quite a simple process. It isn’t even necessary to file any type of legal documents with the California Secretary of State in order to create your business entity.

Sole Proprietorship California: Everything You Need to Know

How a Sole Proprietorship Works | Introduction to Legal Structures


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The most common form of ownership for new businesses is a sole proprietorship. With tax benefits and relative ease of formation, the sole proprietorship serves as an attractive form of ownership for many new startups. Despite its advantages, a sole proprietorship contains several significant disadvantages that need to be considered. Over the course of this video,​ we’ll outline some of those significant disadvantages.

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How a Sole Proprietorship Works | Introduction to Legal Structures

Advantages and disadvantages of sole proprietorship (US) | Small Business Guides | Xero


There are advantages and disadvantages of doing business as a sole proprietor… but what are they? This video covers what is means to be a sole proprietor. Then it goes into the advantages and disadvantages of sole proprietorship vs other business entity structures, in terms of convenience, control, risk, getting business finance, and going into business with other people.
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Advantages and disadvantages of sole proprietorship (US) | Small Business Guides | Xero

Sole Proprietor in Canada Q\u0026A – Things to Know If You’re Self-Employed


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Having been a sole proprietor in Canada (a.k.a. selfemployed) fulltime for over 4 years now, I’ve learned quite a bit about how to run a small business. This is why I love to make videos on the topic and answer people’s questions. And for this video I am answering some of the top questions I get via Instagram DM, email, and in my YouTube comments about being a sole proprietor in Canada.
Got more questions for me? Ask them in the comments!
Looking for an accountant to help you with your specific business questions and needs? I’ve got a few linked here (and also a reminder, I’m not an accountant and can’t give you specific advice for your business) https://jessicamoorhouse.com/recommendations
CHAPTERS
00:00 Introduction
03:05 Is EI worth it if you’re selfemployed?
05:08 How do I pay CPP with my taxes?
06:20 Should I register my business?
08:22 How much do I have to make before I have to report it to the CRA?
09:11 How do I get health insurance if I’m selfemployed?
10:45 Do I need a special bank account for my sole proprietorship?
RESOURCES
➡️ EI Benefits If You’re SelfEmployed https://www.canada.ca/en/services/benefits/ei/eiselfemployedworkers.html
➡️ SelfEmployed Taxes in Canada: How Much to Set Aside for CPP, EI \u0026 Income Tax https://jessicamoorhouse.com/selfemployedtaxesincanada/
➡️ Sales Tax in Canada (HST, GST, PST) When You’re SelfEmployed https://jessicamoorhouse.com/salestaxincanadahstgstpstselfemployed/
➡️ GST, HST, PST Sales Tax for Small Business in Canada Explained https://www.youtube.com/watch?v=6WVle5QlFrM
➡️ Profit First Book Recommendation https://amzn.to/3iGmdTY
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ABOUT ME
I’m Jessica Moorhouse, a money expert, Accredited Financial Counsellor Canada®, speaker, blogger, YouTuber, and host of the More Money Podcast. I’m based out of Toronto, ON, Canada and turned my personal finance blogging side hustle into my fulltime business so I could spend all my time teaching others how they can take control of their lives by taking control of their money. To learn more, check out my website https://jessicamoorhouse.com
smallbusiness selfemployed soleproprietor

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DISCLAIMER \u0026 DISCLOSURE
The content I produce is for education and entertainment purposes only. Nothing on this YouTube channel, my website or affiliated channels should be considered financial, investment or legal advice, or an endorsement for any type of service, product, or brand. Some links in this description may be affiliate links in which I may earn a commission at no extra cost to you. Please read my disclaimer to learn more: https://jessicamoorhouse.com/disclaimer/

Sole Proprietor in Canada Q\u0026A - Things to Know If You're Self-Employed

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