Dave asked:

"I am aware that to register a business as a corporation is more complicated than as with partnerships and sole proprietorships, but how exactly? Also, concerning financial risks with corporations, is the entrepreneur personally liable for an outstanding startup bank loan should the business fail?"

Michael Fromstein answered:

ask-the-expert, incorporating, sole proprietorships, partnerships, Canadian business, business structures, Canada, small businesses, SOHOs, corporations, home-based businesses, organizations, companies, financial risk, entrepreneurs, exposure

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