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Should I Form a Holding Company For My Business?

According to the Key Small Business Statistics report by industry Canada, small businesses with 1-4 employees have a 60.5% survival rate and 5-19 employees have a 66.4 % survival rate in the first 5 years of operation. For those that continue to operate, part of their success can be accredited to efficient tax-planning initiated through
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Don’t Get Screwed By Using Online Legal Templates

With a few simple keystrokes in a Google search, new entrepreneurs and startups can gain access to a wealth of resources, tools and information online regarding new business matters. It’s understandable that many new entrepreneurs and startups will be budget-conscious with the mindset of minimizing startup costs wherever possible. It’s also no surprise that new
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Do I Reeeally Need a Shareholders’ Agreement?

Hello everyone, we’re going to have a quick chat with you about shareholders’ agreements. When we’re looking to start up a new business, a new corporation, and there’s more than one partner involved or more than one shareholder involved, it is incredibly important for you to have a shareholders’ agreement between the shareholders. Are Shareholders’
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Accountants stop incorporating companies

Dear Accountants, Please STOP Incorporating Companies

Hello everyone, this is a message for my fellow professionals, the Chartered Accountants of British Columbia. Specifically, those accountants who continue to incorporate companies on behalf of their clients, which is in breach of their code of professional conduct and is illegal to boot. Now I’ve pulled this article out from the Chartered Accountants of
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A Brief Guide to Not-For-Profit Incorporations [Infographic]

This infographic gives an overview on the fundamental characteristics of a not-for-profit corporation and covers: What defines a not-for-profit corporation?What type of entities can be considered a not-for-profit corporation?The differences between a not-for-profit vs for-profit The advantages of legally incorporating a not-for-profit corporation. This infographic is not legal advice. If you have any questions regarding
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