Protect Your Business Relationships — Agreements, Contracts, and Insurance [Part 3]
As your business grows, relationships with partners, clients, suppliers, and insurers become more complex. Here’s how to protect yourself: 1. Shareholders’ Agreements If you have more than one shareholder, a Shareholders’ Agreement is critical. It outlines what happens if a partner leaves, retires, or passes away — and how profits, voting rights, and decision-making are […]
Keeping Your Corporation Up-to-Date — The Easy-to-Forget Changes [Part 2]
Businesses evolve — but government records need to evolve too. Many Ontario entrepreneurs forget to update corporate records after key changes, which can create major legal and administrative headaches later. 1. Notice of Change If your corporation’s address, directors, officers, or language preference changes, you must file a Notice of Change within 15 days with […]