Category Archives: Business


Incorporating a Company in Canada

A corporation (also referred to as a company) has a separate legal existence than its owners and is considered its own legal person. The rights and liabilities of the corporation are not the rights and liabilities of the shareholders.  As a separate legal entity, a corporation has the rights, powers, and privileges (and potentially the…


Registering a Partnership Business in Canada

    A partnership is created where two or more persons carry on business together with a view to a profit. There are mainly two types of partnerships – general (or ordinary) and limited. Registering a General Partnership  If the general partners do not have a specific partnership agreement, the provincial partnerships acts govern their relationships. …

Sole Proprietor

Sole Proprietorship in Canada

A sole proprietorship comes into existence whenever an individual starts to carry on business for his/her own account without taking the steps necessary to use some other form of organization, such as a corporation. You don’t need to register your sole proprietorship under any statute unless if you intend to use a name other than…

Shareholders Agreement

Shareholders Agreement

A shareholders agreement defines the relationship between the owners of a business. If your business is incorporated and has more than one shareholder, you may need a shareholders agreement. A well-drafted shareholders agreement helps guide the parties throughout their business relationship. It is especially helpful during a sale of the business or when adding/removing a…


Registering a Business in Canada

In Canada, business can be registered and operated as any of the following: Sole Proprietorship; Partnership; or Incorporation Each business form offers some advantages and disadvantages to a business owner. Not all businesses need to be incorporated as a company. There are a number of things that you would need to consider before deciding on…

Monetizing Innovation

Monetizing your Innovation

Now that you have an innovative product or service, you may be wondering what your options are to monetize it.  There are a few things you can do with your product or service. You can take your innovation directly to the market; You can sell your innovation to someone else; You can license your technology…

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