When starting a tech business, the biggest hurdle any entrepreneur will have is financing, especially at the very beginning. There are specific rounds of funding for startups. In the early stages, you want to focus on pre seed, seed and series A funding. Each round has its advantages as you progress and grow with your business.
The pre seed funding stage, for instance, is time consuming and can be difficult to attain from investors, but it is highly valuable for startups in getting their foothold in the industry. Though the process can usually take 6-12 months, the development, mentorship and financing that can result from a pre seed funding round are well worth it when secured.
Below, we focus on the basics about pre seed financing in Canada.
Launching a tech startup isn’t for the faint of heart. It requires a multitude of stages, hard work and determination. Given the challenges involved, starting your own company can be daunting. That’s why we always recommend getting help and advice wherever you can to get perspective and background that can make things easier. We always … Read more »
Marijuana is officially legalized as of October 17, 2018. The long awaited day having been pushed back from July 1st, 2018, has given provincial governments time to adapt, implement regulations, and set up the necessary operational and sales infrastructure with authorized sellers. Indeed, provinces across Canada have taken steps forward in getting their retail locations … Read more »
Although mediation, conciliation and arbitration have the same purpose, the process differs in the level of formality, responsibility and improvisation. In each case, a third party is involved in the dispute resolution process between the parties. Mediation is focused on dispute resolution regardless of the outcome of the relationship between parties, whether they will conciliate … Read more »
In Canada, offences are categorized by the Criminal Code of Canada as summary offences (or summary conviction) and indictable offences. You may have heard of both of these terms, but may not fully understand what they mean for you if you are charged with either offence. You should understand as much as you can about … Read more »
Mediation is a process when two parties try to resolve disputes without going to court. A third party person, called a mediator, helps them negotiate a settlement. A mediator cannot make decisions on behalf of the parties involved in a dispute. He can do everything in his power to get the best possible result- an … Read more »
A shareholder agreement is an agreement between shareholders of one corporation. It is also called a stockholder agreement. Which provisions consist of a shareholders agreement depends on the corporation and their shareholders, as well as on the purpose of the agreement. It usually explains shareholder’s rights and responsibilities and the document should be stored in … Read more »
The new year has begun and with it, new legislation is being passed. From federal to provincial laws, changes that may affect you are undergoing revision, have been implemented or are going to be passed in the upcoming year. From laws that cover employment wages to regulations banning ticket bots, major changes in law include … Read more »
During the holidays, it can be easy to get caught up with gift giving, family dinners, and New Year’s celebrations. There are some laws that you will want to pay extra close attention to this time of year. Get informed on a few laws in Ontario and Toronto that you should know about during the … Read more »
The holidays are that time of the year when many people drink and drive. People relax too much and drink more than usual, but at the same time they ignore the dangers of drunk driving. Every year during the holidays, there is an increased number of traffic accidents. Unfortunately, some traffic accidents end up involving … Read more »