Producing : Production Company? by Kyle Climans

I can't advise you on the process of forming a Canadian company, but I do highly recommend forming a business entity to protect you financially and to allow you to hire employees, buy/lease equipment and offset profits and losses through it. The most popular model in the film business is the LLC (Limited Liability Company) which allows you take advantage of most of the benefits of a Corporation while still being as flexible as a Personally owned business.

Thank you, Christopher, but I am not looking for a loan right now.

Absolutely yes. An LLC limits your liability even for a low budget. I always recommend saving up and geting production insurance and workers comp, it's not that expensive for very short term.

Thank you all for your help in this. I'll need to see what the options are for me in Canada concerning the LLC.

I, too, am not an expert about Canadian prodcos, but it seems to me that having a business entity opens up the financial programs and incentives the Canadian government offers.

So, the LLC is not an option in Canada. Do any fellow Canadians have any experience with this, or any insight into what my options are?

Kyle. Sorry I should have said corporation for Canada. It's your best bet, corporations provide limited liability that sole proprietorships and most partnerships do not. To save money, talk with an account first about your exact situation then just do it yourself.

Hello, My name is Jerry Stocking I'm a private lender with difference if anyone is interested in receiving funds you can kindly PM or send me a mail at ....... discoverfinicalservice@gmail.com. I believe we'll surly have a nice time working together.

Thanks.

JERRY STOCKING

Hello, My name is Jerry Stocking I'm a private lender with difference if anyone is interested in receiving funds you can kindly PM or send me a mail at ....... discoverfinicalservice@gmail.com. I believe we'll surly have a nice time working together.

Thanks.

JERRY STOCKING

Oh, Lord, another "financier." This one can't even spell!

Kyle, I don't know the scale of your project, but I would advice against getting into debt.

Kyle, I think it would be beneficial for you to set up a company. I did a quick check and found a couple of resources in Canada for forming a company and a corporation on the government of Canada website. Do you need the link?

A well known Producer friend of mine has told me repeatedly: "Never use your own money to fund your films" I think that extends to anyone offering to lend you money.

A link would be nice, thank you very much, Marcus.