When you are looking to incorporate a company in B.C., you need to really consider what you are going to name the company. There are two options when it comes to naming a company In B.C. 1.Numbered Company The first option is to have a numbered company. Here, the corporate registry assigns a number followed by ‘B.C. Ltd.’. The assigned number…
What is a corporate minute book? A corporate minute book operates as the official record of your corporation’s activities. Any and all corporate transactions that involve your corporation should be documented in this book. Below are some documents that must be included: Articles of incorporation Corporation by-laws Registers of directors, officers, and shareholders’ Resolutions of the directors and officers Notices…
Incorporating your small business is a big step and if done correctly, it can result in great growth for your business. However, you need to be aware of some common mistakes that small business owners tend to make when incorporating their business. 1.Not naming your business Many people are so concerned with the process of incorporating their business that they…
What are the main differences between Federal and Provincial Incorporations? Watch the video below! Today we’re going to talk about the difference between Federal and Provincial incorporations. So if you’ve decided that you need to incorporate your company, the next step is to decide where you’re going to do that whether it’s in BC or another Province or if you’re…
What’s the difference between an employee and a contractor? So if you’re bringing on talent for your small business and don’t know whether to bring on a contractor or an employee, please pay close attention to this video because the distinction is massive and it can cost your business thousands of dollars not to mention a whole lot of…
In this video, we’re going to take a look at non-competitions and non-solicitation clauses. These types of clauses are often found in employment agreements, contractor agreements and shareholder & partnership agreements. Today we’re going to take a look at non-competition and non-solicitation clauses. These types of clauses are often found in employment agreements contracts or agreements and also shareholder and…
