Call us: 416-735-9091

Simple Agreement for Future Equity (SAFE) Agreements

Learn about Canadian SAFE Agreements

Without sufficient funding, startups can be hard to get off the ground. From family and government programs to accelerators and bank loans, entrepreneurs seek out financial help where they can. As an entrepreneur, you have no doubt been thinking about raising pre-seed funding, seed funding, and Series A funding rounds. There is, however, also another additional … Read more »

Holding Company Canada

Starting Holding Companies in Canada

If you have wondered and researched about starting your own small business in Canada, then you know that there are different kinds of business structures that you can establish. Your choice can vary depending on your situation and the intended purpose of your business. For instance, as a sole proprietor, you may not be able … Read more »

How to Value Shares in a Startup Canada

Valuing Startup Shares Canada

When you create your startup company, it is often with the expectation that your business will grow both financially and in size, eventually being able to issue shares as a private company

For that to happen, you may need investors and partners to help you at the start of your business. Investors, partners, and individuals who all contribute either skills, capital, ideas or assets can effectively boost the growth and development of your company. 

In return for their added value, it is often a common and appealing option to give these individuals shares in your Canadian startup instead of paying them in cash.

To do so, you will need to consider the value of your shares before you even incorporate your business as you will need to state your authorized shares at the time of incorporation.

The main question is: how do you put a value on your shares? We provide you with answers with this overview on the basics: what to consider, what you should know, and some general methods on how to determine that price value.  

Read more »

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. 

Read more »

Non Circumvention Agreement Ontario

non circumvention agreement

What is it? A Non Circumvention Agreement is a legal agreement between parties that want to prevent the misuse of confidential information that they have shared with each other.  A common scenario involves a disclosing party (“Disclosing Party”) providing their confidential customer or supplier list to the receiving party (“Receiving Party”).  This kind of agreement … 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.

Read more »

When Do You Need a Financial Lawyer?

financial lawyer

Corporate finance law is a part of corporate law and every business that requires funding, needs a corporate financial lawyer for that matter. Financial lawyers have experience with investment banking or at least they cooperate with investment bankers to close the deal. Whether you want to acquire or merge with another company, issue securities, go … Read more »

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 »