Mai Tais and Money Chimes

I don’t know about you, but my daydreams have a very specific format- it’s me on a beach with something strong and fruity with an umbrella while the soft chirp of payment notifications from my bank account provides the background noise (I call those notifications “money chimes”). Maybe your dream is more practical, like, you […]

What Are You Choosing To Risk?

I once worked with a client who had started a business with her cousin. By the time she got to me, their dream of running a restaurant together had turned into a nightmare and she just wanted out. Her cousin had been stealing from the business and she didn’t know how to deal with it […]

Ask for What You want

[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] “Can I ask for this?” “Can I put this requirement in even if it’s not usual in my industry?”   While working with clients to help put contracts in place for really important relationships in their business, I can’t tell you the number of times I’ve heard those questions […]

Does Your Business Need a Prenup?

In Canada, for every 10 couples that walk down the aisle, 4 of them will not make it. If you and your spouse have differing visions of the future or can’t stop fighting, we have legislation and case law in place to decide exactly what happens next- how is property divided, how much child support […]

Why Accountants Should Think Twice Before Providing Incorporation Services

I recently had a meeting with a new client who had been referred to me for insight into a major problem. She had incorporated a few years ago but was being sued personally as a result of business dealings. The plaintiff was trying to pierce the corporate veil, which is when the courts will disregard […]

Top three things you need to know if you plan to franchise your business

Franchises can be an amazing way to grow your business quickly and without the need for the increased capital and staffing you would need to open multiple locations on your own. They can also be fraught with legal pitfalls. Here’s what you need to know before starting a franchise. 1. Disclose, disclose, disclose In Ontario, […]

Three Questions To Ask Yourself Before Buying A Business

Starting a business is both one of the most rewarding and scariest things you can do. It’s understandable why some think it’s safer and a better use of resources to buy a well-established business than starting something entirely new. However, buying an existing business has its own share of pitfalls that can quickly turn your […]

Debt or Equity – Should You Trade Shares for Services

Real Life Question: My small business desperately needs marketing help but I can’t afford it. A marketer has offered to provide the services I need in exchange for shares in my company; should I do it? It’s one of the Catch-22s of running a business: I need a killer website or advertising or marketing services […]

Is Your Website Going to Get You Sued?

Content marketing is the way to go right? So you probably provide lots of information on your blog or on your website. Maybe it’s about eating gluten free or training for a 5k. Maybe it’s about how to set up processes and systems in your business. Maybe you’re a kick-ass marketer and you show people […]

A Roof or New Shoes?

A client said to me the other day that I was like a roof. This was news to me, so I asked her to explain. “ It’s like when I needed to decide between fixing the roof on my rental home and buying new shoes I had fallen in love with. I knew I needed […]