The Covid-19 pandemic has drastically changed Canada’s economic landscape. It had a very detrimental effect on certain industries. However, other sectors are witnessing significant growth during these troubling times. Such is the case for E-commerce. There has been a substantial increase in E-commerce sales due to containment measures and consumers’ reluctance to in-store purchases. Consequently, […]
The parties to commercial agreements can agree on different mechanisms to ensure the compliance of the obligations set forth in such agreements. Penal clauses are one of the methods used to ensure compliance. The purpose of a penal clause is to ensure the fulfilment of a contractual obligation by assessing in advance the damages payable […]
The protection of the intellectual property (“IP“) created, developed or invented in connection with the operations of your business (“Business IP“) is essential for the growth and the success of it, especially for any business operating in the technology industry. The term “IP” usually includes, in general, inventions, copyright, patents, trademarks, techniques, programs, data, methods, […]
Starting a business is an exciting adventure. When you start a business with other partners, the goal is to combine your resources and efforts to ensure the success of the business. If you are operating your business as a corporation, then the business partners shall be the shareholders, directors, and officers of the corporation. The […]
Starting a business is not easy. It requires a good business idea, proper planning, raising capital, finding customers, dealing with competition, keeping up with industry changes and trends as well as dealing with other unforeseen business challenges and expenses. There are also legal elements to consider when starting your business. A good business start-up requires […]
This is a common question for entrepreneurs looking to start their business. Should you incorporate your business? There is no clear answer. There are many factors to consider when making that decision: the nature of your business, your start-up funds, your short-term and long-term vision for your business, as well as other considerations. Every business […]