This blog is for teens that are starting their own business and want to post questions, share ideas, network, and form a community of "teentrepreneurs"
Wednesday, October 28, 2009
Registration
Although it is not required to have your business registered until your business is making $29,999.99, how important do your think it is to have it registered before than for business and legal purposes?
Posts
Well, in my opinion a business should register right away because of the required PST (or RST) payments after receiving a vendors permit.
ReplyDeleteThe only thing that takes effect once your business is making more than $30,000.00, is the fact that you need to start charging your customers GST.