Free tool · Canada · 2 minutes

Sole proprietor or incorporated: which fits you?

Five questions, no signup. Your answers point at the structure that fits best right now — and you can redo it as your plans change.

Question 1 of 5

Roughly how much do you expect the business to profit in its first year?

Under $60,000 $60,000 to $150,000 Over $150,000

Question 2 of 5

Could the business face a lawsuit, a big debt, or an accident that costs more than you own?

Yes — clients, contracts, or physical work where things can go wrong No — low-risk work, small amounts of money at stake

Question 3 of 5

Do you need every dollar of profit to live on, or could some of it stay in the business?

I need it all — the business pays my bills Some could stay in the business for now

Question 4 of 5

Are you planning to hire employees soon?

Yes, or I'm not sure yet No — it's just me for the foreseeable future

Question 5 of 5

How do you feel about paperwork and admin?

Keep it simple — I want to spend time on the work, not the filings Fine with it — I'm willing to pay an accountant each year for the right structure

See my result