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How to Start a Business in Canada

Starting a Business in Canada

It is common for any business owner or individual to explore ways of expanding or starting a business in other countries. Fortunately, there are a handful of opportunities available for non-Canadians to start business in Canada.  For anyone seriously considering a business in Canada, you should first ensure that you are prepared as much as … Read more »

Personal Real Estate Corporation

start a personal real estate corporation

It is common for those who own a small business to seek out incorporation. What you might not know though, is that certain professions are allowed to form a personal corporation. This includes doctors, lawyers and real estate agents.  Starting a Personal Real Estate Corporation (PREC), in particular, is made possible by the Trust in … 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.  

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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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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 »

Non-compete agreements with mergers & acquisitions

non compete agreement

Many companies have a policy that all employees, even seasoned ones need to sign a non-compete agreement. The reason for this is that companies want to protect the resources and time they invested in employees. In other words, companies that ask their employees to sign a non-compete agreement, can be sure that their staff won’t … Read more »

Asset Purchase Agreement Ontario

asset purchase agreement ontario

Any business looking to expand or make a strategic move by taking over another complementary business, will have to look into how they will acquire the business. One way of doing so is through a business acquisition. In a business acquisition, an asset purchase is one method that one company can take over another, essentially … Read more »

Supply And Distribution Agreements

supply and distribution agreement

A Supply and Distribution Agreement is a contract between a distributor of products and a supplier of products that are legally binding. A distribution agreement is generated when a distributor agrees to resell another party’s products (usually the supplier’s who can also be the manufacturer). In other words, suppliers will sell distributors their products to … Read more »

Amalgamation

amalgamation

What is it? An amalgamation is a statutory procedure where two or more separate corporations (the “Amalgamating Corporations”), including holding or subsidiary corporations, combine and continue as one corporation (the “Amalgamated Corporation”).  The Amalgamated Corporation will have all the assets and liabilities of the amalgamating corporations. Consequently, amalgamations are a heavily utilised tool in mergers … Read more »