Should I register my website as a business?

Answers:0   |   LastUpdateAt:2012-10-11 13:31:20  

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Sara Beth
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Hi guys ,
MedlinePlus I'm from Montreal , Canada . I just launched my website Fallomi.com one social networking website for Internet entrepreneurs and online money makers to share ways to make money online and contains all the features of a social networking website has . MedlinePlus MedlinePlus Now, I need money to invest in it to make it better and marketing . I was thinking of getting a bank loan or government loan . Therefore, in order to do that I must register my website as a small business in Montreal , Quebec ? (For a business loan ) MedlinePlus MedlinePlus Or should I get a personal loan instead? (In this case , there is no need to register as a business Fallomi.com . )
MedlinePlus But , however , I have the intention to generate income with my website and if you build in the thousands per month do I have to declare that money and how? As an independent entrepreneur or a business entity ? MedlinePlus MedlinePlus Thanks for the replies guys .
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