Protecting yourself against counterfeit bank notes
I ran across an interesting article in the Financial Post the other day talking about retailers who refuse to accept certain denominations of Canadian currency. Another recent story discusses counterfeit $100.00 bills being passed in Toronto stores back in April.
Many of you are probably familiar with stores which have signs posted indicating that they refuse to accept $50.00 bills or $100.00 bills. It […]
When do you need to incorporate?
One of the best features of incorporation is that it provides protection from personal liability. If you have personal assets that you want to be sheltered from liability from creditors, incorporation can help you do this. However, you have to weigh the costs of incorporating with the potential benefits. Once you’ve incurred the expense of setting […]
Registering a business name in Ontario
The first step to take when setting up a new business is to register your business name. You should conduct a search to see whether anyone else is already using the same name, or a similar name. When you register with the province, they do not confirm whether the proposed name is already in use […]
Incorporating online in Ontario
I get this question all the time so I thought I’d answer it here: Can you incorporate online? Yes, you can file Articles of Incorporation in Ontario through one of several private companies who have the forms through an internet platform. I like the convenience of online incorporations, but I’ve got a few issues with the […]
Little help for SMEs in Competition report
The report from Canada’s Competition Policy Review Panel, called ‘Compete to Win’, was released at the end of June. In a June 26th press release, the Canadian Federation of Independent Business suggests that the report does not address the needs of small and medium-sized business owners.
The CFIB takes issue with the recommendation made in the report […]
