A Master Business Licence registration is available in Ontario to individuals who wish to register a small business. The Master Business Licence offers a terrific opportunity for those in Ontario to register a business at a nominal fee but along with the low cost of registering, comes the limited availability of what this set up offers to those who register. There are commonly recurring questions that arise from those looking to register their Master Business Licence. Here are some of these common questions, to help provide some clarity, as you begin the process of registering your new business.