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 […]

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 […]

To Incorporate or Not to Incorporate, That is the Question

A quick internet search will reveal that there are three main ways in which you can own your business- sole proprietorship, partnership or corporation. This lesson will focus on the differences between sole proprietorships and corporations. Sole Proprietorship Corporation You are the business and the business is you Business is a separate legal entity You […]