Thinking of incorporating? Read these essential tips on when to incorporate and how to ensure you don't make costly mistakes.
00:00 - Introduction
01:01 - Deciding Whether or Not to Incorporate
01:24 - Incorporation Worksheet
01:40 - Question 1. Your Plan for the Business
01:58 - Question 2. Legal Liability
02:14 - Question 3. Expected Earnings
02:41 - Question 4. Outside Investment
03:00 - Question 5. Plan to Sell the Business
03:33 - Question 6. Just Want to Be Your Own Boss
03:53 - Question 7. Annual Upkeep Costs
04:15 - Question 8. Losses in the First Year
04:49 - Question 9. You Value Simplicity
05:07 - Question 10. Testing a Business Idea
07:11 - DIY Incorporation
07:54 - Online Incorporation Services like Ownr
08:52 - Full-Service Law Firm
09:47 - Cost of the Wrong Decision
10:44 - Jurisdiction of Incorporation
12:12 - After Incorporation
13:07 - Paying Yourself
15:17 - How Much You Could Save!
15:34 - Just Want to Be Your Own Boss
15:56 - Legal Liability
16:15 - You Earn More Than You Need
17:02 - Lifetime Capital Gains Exemption