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Old 17th January 2013, 02:35 PM   #2
Sum Bookkeeper
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Join Date: Jan 2013
Location: Oakville, Ontario
Posts: 16

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There are a lot of advantages to incorporating. Naming a couple, you can determine when you pay yourself, it allows for income splitting, there is limited liability. If you have an accountant, which you should, they can help you a lot with this.
Make sure you have an efficient bookkeeping system and that you do really have the time to keep on top of it. There are many software programs out there but they do tend to be more complicated than simple. Have you looked at outsourcing. It is less expensive and can really save you time.
I think sitting down with an accountant or a business consultant would really be beneficial as they can give you some clarity and direction that will be most beneficial for you and your business.

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