Blog

As more people consider working remotely, many business owners are reviewing their commercial leases to see if they can leave or downsize. This makes sense because commercial rent is a large part of any business budget. However, there are different ways to go about this and you as a business owner need to be fully […]

If you made the tough decision to close down your business, you have to ensure you do so properly as there are requirements that have to be met. If you are locked into a lease, you have to find out the penalties for breaking it or find someone to potentially take over. You also have […]

When considering incorporation, understanding the difference between provincial and federal option is important. This decision has consequences and possible challenges for your business. Consulting a business lawyer can help you ensure you are fully informed. So what are the differences? Let’s break it down. Provincial Level: Each province has its own laws and a regulatory […]

Did you know that as a corporate owner you are required by law to have and maintain a minute book with detailed and accurate records of your business? Your minute book can be stored electronically (in Ontario) or in a binder and should be kept in your registered office. This document shows evidence of ownership. […]

Incorporating your business is something to consider if you are expanding and growing. But like every business decision it requires a lot of thought and deliberation. You might be aware of tax advantages that incorporation might offer however it is important to understand the legal structure and responsibilities as well. Here are some important aspects to […]