Starting a Business Archives

November 30, 2022

5 Indicators of a Strong Franchise Opportunity

For some entrepreneurs, operating a franchise can be an ideal form of business.The low-investment nature of the system, pre-existing market base, established distribution channels, strong brand and product awareness, as well as the collective bargaining power makes it extremely appealing.However, how do we recognize a strong franchise opportunity that’s worth pursuing?This post outlines some key

August 16, 2022

Franchising vs New Business: Which Direction Should You Take?

When entering into a new venture, you are presented with two options: join a pre-existing franchise chain establish a new business venture independently As a franchisee, you will be working with a pre-established business and will act as a distributor of that business under its trade name and business system. A new business is an

July 6, 2022

What Are Articles of Incorporation?

When an incorporation application is filed, the incorporator is required to file a notice of articles with the application. The notice of articles is a requirement under the Business Corporations Act (BCA) which includes the shares and shareholders of the corporation, its directors, the name of the corporation and registered and records office mailing and

June 22, 2022

Annual Maintenance 101 – Requirements for BC Companies

The BC Business Corporations Act (BCA) requires all corporations to file an annual report as per s.51 with current information. By filing your annual report, you are informing the BC Registry that your company is in active standing. Failure to file an annual report after two consecutive years may result in company dissolution as per

June 15, 2022

3 Benefits to Using a Law Firm as Your Registered and Records Office

Did you know that every incorporated company located in British Columbia is required to have a Registered and Records Office? As stated in s.34(1) of the BC Business Corporations Act, companies must maintain a Registered and Records Office address (mailing and delivery) as part of their record at the Corporate Registry. In the following post,