Timing and the combined effect of share issuances on company equity

May 12, 2018

As a business owner, the importance or working with a share cap table to record and plan a company’s existing and anticipated share structure and ownership as it grows cannot …

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Everything is good until it’s not. This is why you need a shareholders’ agreement.

April 27, 2018

Deciding to go into business with a partner or multiple partners doesn’t require formal documentation; it simply requires a business idea and a handshake. Many individuals will incorporate their business …

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Employee stock plan and its impact on subsequent share issuances

April 13, 2018

As a business owner planning and working with share capital, it’s important to know your way around a share capital table (cap table). A cap table tracks shareholdings in terms …

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The risks of drafting legal documents without a lawyer

March 23, 2018

When it comes to business contracts, agreements and/or policies, they may all appear to be redundantly similar — at least to the untrained eye. And because many seem to be …

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Planning and working with share capital

March 10, 2018

It is common for many companies, particularly during the start-up phase, to choose to use equity as currency. They sell small (and large) allotments of shares to friends, family and …

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Marijuana at work: what employers need to know

February 27, 2018

With the anticipation of the Cannabis Act (Act) becoming law this summer, the production, sale, possession and use of marijuana for recreational purposes may become legal in Canada. And this …

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Should your business pay for services in shares instead of cash?

February 15, 2018

Starting a business is no small feat. It requires an enterprising idea, hard work, and strategic know-how to turn a start-up into a successful business. And it requires money — …

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Employment agreements protect against liability and greater expense

January 26, 2018

A common misconception amongst business owners is that employment agreements with employees aren’t necessary because all legal rights are set out in the Employment Standards Act 2000 (ESA). The ESA …

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First right of refusal vs. shotgun clause in shareholders’ agreements

January 6, 2018

Becoming a shareholder in a company is easy enough to do — removing yourself (or someone else) is a complex and legal process. This is because a shareholder of a …

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What does it mean to include ‘good faith’ performance expectations in agreements?

December 15, 2017

When negotiating agreements, it’s common for one or more parties to insist on including the term ‘good faith’ in various clauses. This inclusion is based on the assumption that it …

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Know your investor: do your due diligence

December 4, 2017

New businesses need investment money to move forward; a great start-up idea or the next new tech innovation will never get off the ground without the capital to do so. And …

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8 best practices to head off problems with IP reps and warranties

November 3, 2017

Many companies, particularly those in the tech sector, are built with their eventual sale in mind. And on the way, those same companies often need to raise capital from professional …

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