An organization can hire people either as employees or contractors. The benefit tocontractors is that a company does not have to pay into their EI or CPP. The company also requires the contractor to be the one to…
ADVANTAGES LIMITED LIABILITY (‘you can’t sue me’! – John Cena) The main advantage to incorporating is the limited liability of the incorporated company. Unlike the proprietorship/partnership, when a business becomes incorporated, an individual shareholder’s liability is limited to…