well anywho i have some
experience with some of the practicalities, although i am in the US it is similar.it can be very intimidating and overwhelming to deal with everything associated with a legitimate business, if these are your concerns, but one step at a time and as you get bigger you naturally tend to slowly level up and keeping the paperwork straight as you figure it out as you go along.
some basics i have gleaned from 20 years running my micro crafts business - keep good records, automate that even...like with accounting software, this is something i have found very useful as it finally freed me from stupid quickbooks a free
online accounting software that automate deposit and expenses from a bank account --->
https://www.waveapps.com/
* open a separate business bank account, and try to run all business expenses through your business account. this makes everything much easier, to track it, for tax purposes nd to have good bookkeeping
should you need it for any reason. because you have an account that has the majority of your expenses all in one place.
as far as paying yourself wages, well theres a lot of ways to do it, i suppose this is one of those things you figure out as you go. but in the begininng it s better to not withdraw much money, just keep reinvesting what you make back into it for a while. depending on what you are doing there can be a lot of upfront work ...where you may work for months where theres no profit...you know everything takes time to build up.
as far as legal paperwork, and the like...well i cannot help you much there, for one because you are in canada, but i have done some things. applied for a tax ID number as a business, and keep everything simple. in the US you can run a small business as a "doing business as " name, or your own name...and most of the time if you are small you do not technically require a business license. you do though in certain industries need to be registered within the
local towns and state, and this process is usually pretty straight forward as filling out forms and paying a small fee. there are some industries where you need insurance too, though, and different things ike food has restrictions...if you are going into peoples houses and etc...employing people...then in those types of small business you generally want a licence, to be registered with the state and to carry a heft insurance policy. in small time work from home stuff, usually you dont need any of that.