Different Legal Business Models in Canada
After the evaluation and research step, specify the type of your business in terms of working with others. There are three methods of starting a business:
a. Sole or association (partnership): you start a business solely or with the partnership of one or more colleagues. This model works under a natural identity.
b. Cooperative: a group of people proceed with this business model to provide the needs of the members. Cooperative corporations are basically founded by associations, unions and big groups.
c. Corporation: you register an official corporation and work under a legal identity.