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How to Transfer Business Ownership?

October 14, 2019 - Category: Business Formation and Structure

Once a business is up and running, and one or more owners want to transfer ownership, the way to transfer ownership will vary depending on the business structure. Furthermore, in Canada, there are three different ways to organize a business: sole proprietorship, partnership, and incorporation. [...]

How to Choose the Best Legal Structure for your Business?

October 14, 2019 - Category: Business Formation and Structure

When starting a new business, choosing the right business structure is essential and must be aligned with he goals of the owners. In Canada, there are three different ways to organize a business: sole proprietorship, partnership, and incorporation. [...]

What is the Difference between an Employee and an Independent Contractor?

September 19, 2019 - Category: Employment Contracts

Although a business has the freedom to choose between hiring an individual as an employee or as an independent contractor, the rules applicable to the parties will differ depending on the type of relationship. It is important to identify the differences and the consequences of each type of relationship; wrongly qualifying a relationship may be very costly for the parties. [...]