A sole proprietorship is a business owned and controlled by an individual, a company or a limited liability partnership. It means there are no partners in the business.

A sole proprietorship means an unincorporated business owned and managed by one person. As the business and the owner are legally the same person, it is the simplest form of business structure. Some people even call it an individual entrepreneurship, sole trader, or simply proprietorship.

The business owner, also known as a proprietor or a trader, runs the business using their legal name. They may also run the business using another name by registering a trade name with their local authority. For more legal advice contact Lawnch. They have expertise in setting up a sole proprietorship in Alberta.

Starting a business in Alberta is no doubt an exciting time in your life. If you’ve already chosen a name and made a decision on how to structure your company, registering your business is next. Lawnch coffers you all the business registration online in Alberta and makes the process easier. You will get access to the business experts who understand business in Alberta.

Experts help you streamline the corporate maintenance for business owners like you so that you can focus on the passion. They even work to maintain your corporate minute book and submit your annual corporate returns and make annual resolutions for your business. In addition to that, they help you change the business name, amendments to corporate documents, and everything in between.You will get access to a lawyer with 20 years of corporate legal experience with Lawnch. When you send a message it directly lands in a corporate lawyer's email or voicemail inbox, so they can assist you personally.

For more info visit: https://lawnch.ca/services/incorporate/