Ontario Business Central

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Hiring a new employee is an exciting step for any business, but it also comes with significant responsibilities you can’t ignore. One of the most important aspects of hiring new employees is your onboarding process.

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Starting a business is an exciting journey, but it also comes with a myriad of questions, especially when it comes to managing finances. One common question we receive at OBC is whether a Sole Proprietorship can pay themselves a salary in Canada.

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Can a Sole Proprietor Pay Themselves a Salary in Canada? Can a Canadian sole proprietor pay themselves a salary? Explore the rules for business owners, tax considerations, & tips to manage your income.

Choosing the right business structure is an important decision for any entrepreneur. For many, starting as a Sole Proprietorship is an appealing option due to its simplicity and ease of setup.

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What Business is Best for a Sole Proprietorship? | OBC Blog Looking to start a sole proprietorship? Learn which business activities suit sole proprietors, where to find clients & the limitations.

The idea of starting your own business in your 20s is both exciting and daunting. Many young entrepreneurs dream of making it big, but the reality is that success doesn’t come easy. Read our blog below to find out more!

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Can You Make It Big as a Startup Business in Your 20's? Get real world tips and lessons from a business owner to boost your skills and find inspiration for making it big as a startup business in your 20's.

Are you passionate about creating handmade crafts and thinking about turning your hobby into a business? Many Canadians are drawn to the idea of making crafts to earn money.

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How to Start a Craft & Handmade Goods Business in Canada Discover how to start a successful business selling crafts and handmade goods in Canada, including setup, marketing, and where to sell your products.

Understanding the roles within a corporation is important for anyone involved in a business or considering incorporating their own. In a Canadian corporation, two of the most important roles are those of directors and shareholders.

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The Difference Between Directors & Shareholders in Canada Directors & Shareholders have their own roles, responsibilities, and impact on business success. Learn about the differences for a Canadian corporation.

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When it comes to starting a business, many aspiring entrepreneurs seek the simplest and easiest option—one that doesn’t require a lot of paperwork, maintenance, or complex legal structures.

Read our blog below to find out the easiest type of business!

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What Type of Business Registration is Easiest to Maintain? Curious about easy business registration? Discover why sole proprietorships are the simplest to start and maintain, with less paperwork and hassle.

The Ontario Annual Return was introduced in October of 2021 along with the updated Ontario Business Registry system for the Province of Ontario.

Read our blog below for more details!

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What is a Ontario Annual Return? Due Date Filing Requirement Ontario Annual Return, a mandatory filing for all Ontario corporations to update their company details. Find information on due dates & filing requirements.

🎉 Get Ready for Small Business Week 2024! 🏆

From October 20-26, 2024, the Government of Canada is celebrating the incredible contributions of small businesses across the country! 🚀 This week is dedicated to recognizing the innovation, resilience, and dedication of entrepreneurs who help drive our economy and strengthen our communities. 💡

The Government is providing 2 editions of this event!

• First edition: Monday, October 21, 2024
• Second edition: Thursday, October 24, 2024

They are also hosting FREE exclusive events, one in person as well as a webinar!

• Business Support Expo (FREE in-person event)
October 22, 2024
• Supporting Your Small Business Journey (FREE webinar)
October 25, 2024, 1:30 pm ET

Follow the link to register, get resources and insights throughout Small Business Week. Let’s celebrate Canadian entrepreneurship together! 👇

https://bit.ly/4eBgWXL

📅 Mark your calendars!

Starting a business is one of the most exciting and challenging things you can do, but it can also be incredibly nerve-wracking. I know this from personal experience. It can also be scary, read our blog below to find out more.

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Overcoming the Fear of Starting a Business | OBC Blog Afraid to start a business? Uncover common fears and simple steps to gain the confidence needed to take the leap and succeed.

As a new business owner in Canada, understanding your tax obligations is essential to stay compliant and avoid potential penalties.

Enjoy our blog below talking about some of the forms and taxations you should be aware of.

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What is a T2 Tax Form in Canada? | OBC Blog Understand the T2 tax form in Canada, its purpose for corporations, and what you need to know to file it correctly.

Starting a business in Canada is an exciting and challenging endeavor. As an entrepreneur, you’re likely full of ideas, energy, and enthusiasm. Make sure you don't make these common mistakes.

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Common Mistakes New Startups Make in Canada | OBC Blog Find out the most common mistakes new startup businesses in Canada make and learn how to avoid them to set your business up for success!

At OBC, we want to make things as easy as possible for new and growing business owners to get the information they need quickly and easily. This glossary covers any tax numbers you may come across as a business owner and what each of them means.

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Canadian Tax Numbers & Forms Glossary for Businesses Get a clear understanding of Canadian tax numbers and forms for businesses. This easy-to-use glossary helps you navigate tax accounts with confidence.

At Ontario Business Central, we believe in the power of dreams—specifically, the dreams of Canadians who want to start and grow their own businesses.

Read our blog below how we can help you with your business dreams!

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Why Choose Ontario Business Central to Start Your Business? Choose Ontario Business Central for easy, expert-guided business registration and support. Ensure a smooth start to your business journey!

One of the most common questions we receive at Ontario Business Central is, ‘How do I dissolve my Sole Proprietorship?’ Many entrepreneurs ask this when they decide to close their business or transition to a different structure.

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Dissolve a Sole Proprietorship in Ontario | OBC Blog Understand when and how to cancel your sole proprietorship registration in Ontario, with a clear guide on the necessary steps and requirements.

Registering a vehicle under your business name in Ontario is a common step for companies that use vehicles as part of their operations.

Read our blog below to find out more!

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Registering a New Car Under Your Business in Ontario Find out the requirements and steps to register a new car under your business in Ontario, making the process straightforward and hassle-free!

Which would you rather? 🤔