If you’re starting a business, understanding the true cost of incorporating in Alberta is crucial for protecting your company and maximizing potential benefits. With so many options for incorporation services available today, how do you know which one to choose? This article breaks down the real costs and key differences between the major options for incorporating in Alberta: do-it-yourself services, … Read More
Benefits of Incorporating a Business in Alberta: A Lawyer’s Guide
In this article, we’ll explore in plain terms the benefits of incorporating a business in Alberta. We’ll look at how it differs from other structures, what incorporation means, and most importantly, how it can benefit you as a small business owner. This article aims to provide an overview of the subject in an easy-to-understand way. It is not intended as … Read More
When to Turn Your Side Hustle into a Full-Time Business
Side hustles have become very popular as a way for people to supplement their income. Especially with the rise of the gig economy and remote work. Many folks now have side gigs to bring in extra cash on top of their regular job. But when should you consider turning that weekend side venture into your own full-time business? In this … Read More
Guide to Limiting Liability for Business Owners
Disclaimer: This guide to limiting liability for business owners does not contain legal advice. The availability of different techniques for limiting legal risk will depend on the unique circumstances of your business. If you want to discuss legal questions related to your specific business, consider booking a consultation with an Alberta business lawyer. Introduction Starting a business can be exciting, … Read More
Pros and Cons of Incorporation
One of the most frequent questions asked by people wanting to start or grow their small business is “should I incorporate?”. Operating a through a corporation provides several significant advantages to small business owners, but that doesn’t mean it’s right for everyone. Before you decide to incorporate, it’s worthwhile to consider the potential benefits of incorporation as well as the down sides… Read More
How Much Does it Cost to Incorporate in Alberta? Compare the Prices.
It used to be that a law firm was the only place you could go to incorporate a company. The cost to incorporate was high, and consumers had very little choice. These days a business owner can choose to incorporate with a lawyer or incorporate directly with an authorized service provider (registry agent), either in a registry office, or online. … Read More
10 Reasons NOT to Start Your own Business
Starting a business can be a very rewarding experience, both financially and emotionally. There are very few ways to become rich that don’t involve owning a business. But, owning a business is not a walk in the park, and shouldn’t be seen as an easy path to financial freedom. Here are 10 reasons why starting your own business isn’t always … Read More
6 Key Questions to Ask Before Incorporating a Business
We’ve spent the past decade helping entrepreneurs to incorporate and set up their small businesses. Over that time, we’ve identified 6 key questions that most business owners ask, or wish they had asked, prior to incorporating. In this post we’ll review those questions and provide some answers. Taking a few minutes now to consider these issues could save you time, … Read More
