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How To Start An Online Business In Ontario [Legal Guide]

Start Online Business

It is not uncommon these days for employed workers, students, and even small business owners to have other side jobs or other business projects. This is especially true during times of economic uncertainty when people need another source of income and start asking questions on how to start an online business in Ontario.

You, yourself, may be considering the idea, and with good reason. Online businesses are likely to continue earning income when your physical business or job is threatened. In addition, there are unlimited types of businesses you can start online.  

The only obstacle that may be stopping you is the business aspect. How do you start your business online? What paperwork do you need to file? How do you manage online revenue? How do you pay yourself?

In this article, we cover some general and legal guidelines on how to start a business online. 

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How To Prepare For The Impact Of COVID-19 [Tips]

Covid19 Resources

The COVID-19 pandemic continues to impact countries across the globe, and Canada is no exception. Canadian borders were closed and then the province of Ontario ordered the mandatory closure of all non-essential workplaces as of Tuesday, March 24th at 11:59 p.m.  

In Ontario alone, there are currently more than 4,700 confirmed coronavirus cases, and Ford has extended the state of emergency for two more weeks as of March, 30th, 2020. 

As everyday life gets disrupted, Ontarians are trying to figure out what this means for not only their everyday routine in the months to come, but what it could mean for the long term – finances, education, and essential needs. 

In this article, we cover a few tips on what there is to know about COVID-19 Ontario programs and policies in place to help you.  

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What You Should Know About Cannabis Edibles Legalization In Canada

weed law edibles

In Canada, marijuana legalization has been happening in stages. Since recreational marijuana was legalized in 2018 with the Cannabis Act and Cannabis Regulations (which outlines, controls and regulates production, distribution, promotion and the sale of cannabis), there was a lot of anticipation for edibles in Canada to follow suit and become legalized. The Canadian government … Read more »

Business Transaction Disputes

It is common sense that your initial business strategy as a startup will be vastly different than when your company is established and trying to grow further. As your company starts expanding, you may be looking towards bigger opportunities and partnerships to increase your reach or diversify your services. Transactions and business deals are an … Read more »

How To Raise Pre Seed Funding

pre seed funding startup

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.

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A Step By Step Guide To Running A Tech Business

Taking Research Business Notes

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 »

OMQ Maps: Marijuana Dispensaries 2018 Across Canada

Marijuana Leaf Close Up

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 »

How Are Conciliation, Mediation And Arbitration Different?

Mediation arbitration Comparison

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 »

Advantages of Mediation

mediation

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 »