Decide structure & jurisdiction — choose federal incorporation or a provincial/territorial incorporation (each has different benefits). Choose a name & check availability — run a NUANS (or provincial name) search to confirm your name isn’t taken. Reserve the name if required. Prepare incorporation documents — draft and file Articles of Incorporation (include share structure, number of directors, registered office). Follow the federal or provincial form. File & get certificate of incorporation — submit online (or by paper where allowed). You’ll receive your certificate when approved. Keep this document safe. Register for a Business Number (BN) with CRA — register for your BN and any needed CRA program accounts (GST/HST, payroll, import/export). You can register online. Extra-provincial registration (if operating across provinces) — if you’ll do business outside the jurisdiction of incorporation, register extra-provincially in those provinces. Set up basic corporate housekeeping — create the minute book, issue share certificates, record director resolutions, and set a banking resolution to open a corporate bank account. Check licences & permits — identify industry-specific licences, municipal permits, or provincial registrations you may need and apply. Meet tax & payroll obligations — register for payroll accounts before hiring, understand GST/HST thresholds, and set up bookkeeping. Ongoing compliance — file annual returns, keep corporate records current, and renew any provincial registrations or licences on time

Most new entrepreneurs form an LLC and then spend YEARS trying to build: ❌ Brand awareness❌ Systems❌ Cash flow❌ Client base❌ Credibility But here’s a smarter approach: 💡 Use your LLC to ACQUIRE an existing business even if you don’t have cash upfront. Yes it’s possible.The wealthy have been doing it for decades. 🧩 How No-Money-Down Business Acquisitions Work: Instead of paying cash, you use: ✔ Seller FinancingThe owner becomes the lender. You pay monthly out of profits. ✔ SBA Loans (7a)The government funds the majority sometimes requiring little or no down payment. ✔ Earn-OutsYou pay part of the price only if the business hits future performance goals. ✔ Asset-Based FinancingEquipment, contracts, or receivables fund the deal. ✔ Equity PartnershipsSomeone else brings capital you bring management or buyout strategy. No money down doesn’t mean magic.It means leverage, structure, and negotiation. 🏆 Benefits of Buying Instead of Building: When you acquire a business, you gain: 💰 Immediate cash flow📂 Existing clients & contracts👥 Trained staff📈 History & credibility🧠 Proven systems Instead of building from zero, you're stepping into momentum. 🔍 Why Your LLC Matters: Your LLC is the vehicle. It protects you from personal liability and gives you a structure to: 📝 Sign contracts🏦 Open acquisition funding💳 Secure business loans💼 Negotiate deals professionally No LLC = fewer opportunities and more personal risk. 🧠 Final Thought: There are three paths in business: 1️⃣ Start one2️⃣ Work for one3️⃣ Buy one Most people pick the hardest option — #1. But smart entrepreneurs use leverage, contracts, and strategic acquisition to skip the struggle stage and step directly into ownership. 🔥 Question for the group:If you could buy a business today using your LLC — with little to no money down which industry would you choose? 👇 Drop your answer below: A️⃣ CleaningB️⃣ TransportationC️⃣ Digital/Online BusinessD️⃣ Restaurant/FoodE️⃣ Consulting/EducationF️⃣ Assisted LivingG️⃣ Something else