Graphene Business Law regularly posts content on its YouTube channel. We are a law firm offering business law services virtually, and throughout Ontario, Canada. In addition to the verbal communications on our YouTube channel, the description box of each video further serves to enhance our online posts. Whether you are an entrepreneur, or a small …
On November 4, 2021, Bill 43 was introduced in Ontario, titled the Build Ontario Act. This Bill amends the Ontario Business Corporations Act (the “OBCA”) to require private corporations to prepare and maintain a register of individuals with significant control over the corporation. The term “individuals with significant control over a corporation” is defined as: someone who …
Legislative Disclosure Updates Affecting Your Ontario Small Business! Read More »
Corporate bylaws can be of vital importance to the successful and smooth operations of your business. Usually, the directors of a corporation pass bylaws that will best allow same corporation to operate. The bylaws that directors pass are then approved by the shareholders of that same corporation. Importantly, the “authority” of the bylaws of a …
Happy 2022! If starting your own business this year is on your to-do list, you should be aware as to current provincial and federal guidelines in naming your new business. It’s a great idea for your business name to be unique, descriptive, and meaningful to you. For businesses in Ontario, the Ontario Business Corporations Act …
There are three ways to acquire a privately-held business in Canada; purchase of assets, purchase of shares, and statutory amalgamation. As statutory amalgamations are not common in the privately-held context, this article will focus on purchase of assets and purchase of shares transactions. Asset Transactions Various tax considerations lead Canadian buyers to prefer asset transactions …
Selling or Buying a Small Business? Asset Purchase, Share Purchase Options. Read More »
With bankruptcy regularly making the news during COVID-19 times, it is increasingly necessary that you as a business owner or operator are aware of bankruptcy fundamentals, and how bankruptcy can help you. When it comes to bankruptcy fundamentals, the following sections are two that you will encounter in your bankruptcy journey – whether as debtor …
Bankruptcy Fundamentals: Business or Business Owner as Debtor or Creditor? Must-Know’s. Read More »
If your business is structured in the form of a corporation, you need to consider having a Shareholders’ Agreement in place. A Shareholders’ Agreement can be in place between yourself as the corporation’s owner and shareholder and your corporation. Shareholders’ Agreements can also be in place among a corporation’s various shareholders. If your corporation is …
There are many reasons as to why you might want to start your own business. While challenging, there are also many pleasures that come with owning and operating your own business. One such pleasure may be knowing that the business you own and operate can lead to something wonderful for your loved ones – perhaps …
Will and Estate Planning Tips for Small and Medium-Sized Business Owners! Read More »
Today’s blog is inspired by recent COVID trends, particularly as they pertain to small and medium-sized businesses in Ontario. Recent articles published in Ontario speak to the tremendous amounts of debt taken on by small businesses in Ontario owing to the pandemic. Certain industries seem to have been hit harder than others, with some news …
Small Business Selling Online: What You Need to Know About the Privacy Policy! Read More »
PIPEDA is a piece of federal legislation in Canada. The acronym stands for “Personal Information Protection and Electronic Documents Act”. It is important for organizations collecting personal data to keep in mind that this personal data can only be used for the purposes for which it was collected. PIPEDA usually applies to private organizations that …
Disclaimer: Please note that the use of this website does not create a client-lawyer relationship with the firm or any of its lawyers. Please also note that the information on this site is for general reference only, and should not be relied on as legal advice. Always consult a lawyer for advice particular to your circumstances.
© Copyright 2020 Graphene Business Law. All Rights Reserved. | Privacy Policy | Terms & Conditions | Powered by Kiuloper