Every small business owner eventually asks whether they should incorporate. There's no universal answer — it depends on your specific goals and circumstances — but here are the advantages worth weighing:

• Limited liability protection
• Continuity — the corporation carries on independent of its owners
• Easier access to raising capital
• More control over how and when you take income
• Potential tax deferral
• Income splitting opportunities
• Access to the small business tax deduction
• Added credibility that can support business growth

Whether these advantages outweigh the added complexity depends entirely on your situation. We're glad to sit down and work through it with you before you decide.