It’s generally better to set up a corporation sooner rather than later, to protect your business, ensure investability, and avoid major tax problems.
Read MoreWe post articles that get to the point. Covering topics in law, business, technology, innovation and startups. Each article is based on questions we receive from entrepreneurs, investors and high-growth companies we work with.
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The annual Benefit Report is the primary requirement for maintaining status as a Benefit Company. Here’s what you need to know about the Benefit Report.
Read MorePrimer on Vesting Schedules: covering Time-based Vesting, Milestone-based Vesting, and Mixed Vesting.
Read MoreWe’ve created a quick primer of the process of raising capital under the EBC tax credit program.
Read MoreHow many directors should your early stage company have? Typically, 1 to 3 directors. Don’t be hasty to add to your board. You should protect your board as much as possible.
Read MoreThis is a primer on Stock Options and the questions about them that we most frequently receive.
Read MoreIn short, the board of directors has the power to make decisions for the company while the board of advisors simply offer their advice and support to the board of directors.
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If you’re a foreign resident starting a business in Canada, or you’re investing in an existing Canadian business, you may be required to report this activity to the Canadian government.
Read MoreWith all these variables, and with little to no financial data to rely on, the key to setting a valuation for your early stage startup is: (a) to inventory all that you have that gives you confidence in your pursuit of this business at this time, (b) know your financing roadmap and how this valuation fits in strategically, (c) get some input from experienced and trusted advisors, then (d) make a decision and go.
Read MoreFounder Vesting typically refers to the right a Company has to repurchase the founders shares at a nominal price if they leave the Company during the vesting period.
Read MoreShort answer, yes. But know their limitations and risks.
Read MoreA license gives you the right to do something or to use something owned by someone else.
Read MoreDilution occurs because the total number of shares in the company has increased, while the number of shares held by each person has remained the same.
Read MoreThree reasons to incorporate: (1) Liability Protection, (2) Investability, and (3) Intellectual Property & Business Asset Protection
Read MoreSimple overview of: (1) Debt, (2) Equity / Shares, and (3) Convertibles - Convertible Debt and Convertible Equity (SAFEs).
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