Incorporating a business involves completing several steps while ensuring compliance with both provincial and federal laws. Incorporation creates a legal entity distinct from its owners. Why Incorporate a Business in Ontario? Incorporating your business in Ontario offers several advantages: Limited Liability: As a separate legal entity, your personal assets are protected from business debts […]
Why is Corporate Law Important? Corporate law plays a crucial role in protecting the interests of shareholders, creditors, and the public. It provides a legal framework for businesses to operate efficiently and responsibly, and it helps to ensure that corporations comply with their legal obligations. It governs the formation, operation, and dissolution of corporations. It […]
Entering into a business partnership is common for entrepreneurs, especially when they find someone with similar ideas and ambitions. But ideas change, ambitions transform and partnerships can grow cold. A partnership can go bad for many reasons. Regardless of the issue, it’s critical for both you and your business partner to move forward in a […]
Conflict arises in business settings as much as any other. Litigation is often the chosen course of action, and even contractual arbitration might be an option. However, it is important to remember that mediation is not just for divorce. It has proven more and more to be the best dispute resolution for many disputes.
Your business is registered, its structure defined, with important standard agreements in place to protect it in its relationships. It might seem like the hard part is over, but its only the beginning. You will still need to ensure that your business continuously complies with Ontario’s changing laws over the course of its operation, most […]
When people think of risk management for businesses, they often think of insurance. Indeed, there are quite a few types of insurance you may wish to consider in order to protect your business from losses: General and professional liability Commercial property Commercial auto Business interruption Officers and directors Cyber/data breach Product liability Workers’ compensation Business […]
Starting your own business can be an exciting time. Be it because you’ve worked up the courage to quit a corporate job and delve into your passion full-time, or because you see a business opportunity in a community’s unmet need, you’ll likely be eager to hit the ground running. While enthusiasm will certainly be a […]
Protecting your business may seem more complicated these days than it was for past generations. It was not long ago when a business owner could lock the front door of their building and feel confident that the business was safe from thieves. In modern businesses, however, there are more factors to consider than just tangible […]
As the end of the year draws near, many companies are busy putting the closing touches on any last-minute transactions, acquisitions, payout, or benefits for the corporation’s year-end. Pretty soon, it will be time to file taxes for 2021, and many business owners want to make sure they have capitalized on any potential tax savings. […]
