Incorporations Archives

February 16, 2021

Top 7 Legal Considerations Before Buying a Franchise Business

Many believe buying a franchise presents an easier path to a successful and profitable business instead of starting your own company because you are purchasing an established brand with “turnkey” operations. It sounds enticing, but in reality, investing in a franchise involves a myriad of legal risks and obligations that you may not have considered before.Below

January 26, 2021

Should I Incorporate a Named or Numbered Company?

In short, there is no legal difference between incorporating a named or numbered company. However, the difference lies in what you wish to do with the company.Incorporating a Named CompanyIf your company deals with the general public and you plan on developing a recognizable brand name for your business, then incorporating a named company is

October 22, 2019

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

Don't Get Screwed Online Legal Templates Feat Image

May 13, 2019

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

April 25, 2019

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’