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

Hi everyone! I’m excited to be here and to learn from people who are serious about stepping out of the 9–5 and into real business ownership. I joined because I’m interested in understanding the process of buying businesses with little to no money down, and I want to connect with others who are already doing it or actively working toward it. Looking forward to learning, sharing, and getting into action alongside you all. For those already on the path what’s the biggest lesson you’ve learned so far about acquiring a business with no money down?

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

“Hey everyone 👋 I’m Scarlett Jone . I joined this community because I’m ready to break free from the 9–5 and buy my first business using little to no money down.

I’ve noticed things have been quiet here lately, so let’s shake it up a bit. Everyone here joined because we believe in buying businesses without using our own money. But theory only gets you so far. Real growth comes from friction — the bottlenecks, the deals that stall, the partners who ghost, the lenders who stop replying. 👉 What’s the ONE thing currently slowing your progress on your next (or first) acquisition? I’ll start in the comments. Then let’s crowdsource solutions — deal-maker style. Someone here has already been through what you’re facing. Let’s turn the silence into momentum.