Business Structure 101

Part 1. Quick Foundations (10 minutes)

• What a sole proprietorship actually means in day to day operations
• What incorporation changes
• Myths that confuse early founders
• The “risk, revenue, and readiness” lens for choosing

Part 2. Decision Drivers That Really Matter (15 minutes)

• Income thresholds where incorporation begins to offer tax advantages
• Liability considerations for product based, service based, and consulting businesses
• Grants and financing differences
• Perception and contracting differences
• Paperwork and admin reality check

Part 3. Interactive Case Scenarios (10 minutes)

“Amira is a product maker earning twelve thousand yearly from markets but wants to apply for a starter grant.”

Should Amira incorporate yet?

“Devon is a consultant hired by a municipality needing a vendor number.”

Sole prop or incorporation? Why?

Part 4. Quick Checklist to Take Home and Q&A (5 - 10 minutes)

A simple decision checklist:

• Revenue goals
• Liability level
• Funding goals
• Growth timeline
• Tax planning needs
• Administrative capacity

With facilitators from Blinc.