Connect Legal recommends that you protect your business name and reputation. Begin by searching online for similar names before you register your name with the government. Your name receives limited protection where you do business, but consider paying for a trademark for enhanced protection. As your business grows, speak to a lawyer about more ways to protect your business name and products.
RBC also recommends that you consider business insurance: “Making sure you have the right business insurance coverage in place is a vital part of protecting your business, you and your family and your employees, while preserving your personal insurance for what it was intended for.”
This is intended as general information only and is not to be relied upon as constituting legal or other professional advice.