Shareholder Agreement

Shareholder Agreement

A business run by multiple partners through a corporation in which you are all shareholders should have a shareholder’s agreement. Yes, even if you are all friends or family. In fact, it is perhaps even more important in that case! Business ventures sometimes fail and even the closest of friends can fight over how a business is being run. A shareholder’s agreement allows you and your partners to agree on many contentious points in advance of any problems arising while cooler heads still prevail.

Read More

Prevent Heartache By Having a Lawyer Review Your Commercial Lease

Prevent Heartache By Having a Lawyer Review Your Commercial Lease

I recently came across a story in the news highlighting the unfortunately common situation where a small business owner is facing financial disaster as a result of terms in their commercial lease they didn’t fully understand when they signed.  Cash flow challenges are reality for most small business, particularly those in the start up phase.  As a result, many view spending money to have a lawyer review what appears to be a standard lease is a luxury they can’t afford.

Read More

Finding a new home for your home-based business

Finding a new home for your home-based business

Running your small business out of your home can be convenient and cost-effective options for many. If you’re moving and planning to operate your business out of your home. this blog outlines some important details to consider.

Read More

To Incorporate or Not to Incorporate, That Is the Question.

To Incorporate or Not to Incorporate, That Is the Question.

Whether it is time to incorporate is a question often pondered by business people. There are two primary reasons to incorporate a business:

1.       Your business can realize tax savings through utilizing a corporate structure; and

2.       Your business activities are risky and you would like to place this risk on the corporation’s shoulders instead of your own.

Read More

Be King of the CASL

Be King of the CASL

Canada has some of the strongest anti-SPAM legislation in the world. Starting on July 1, 2017, it is going to get even tougher. In 2014 the Canadian Anti-Spam Law (CASL pronounced “castle”) became law in Canada. The purpose of the law is to protect people from getting commercial messages they do not want. 

Read More