18 January 2023 • 1 minute read
Commercial agreements
This article highlights six key considerations a corporation and its shareholders should contemplate when planning to put a shareholder agreement in place.
22 March 2021
Business relationships supported by a mutually beneficial and comprehensive underlying contract are far more likely to be successful in the long-term.
16 November 2020
Service providers embarking on a new contractual relationship will find that most service agreements contain a number of general “boilerplate” provisions. These clauses are sometimes copied directly from other similar agreements and are only briefly considered by the parties. This approach is not advisable.
15 January 2021
So you and your partners want to run a business together, and have decided to enter into a partnership - what next? The first step is the preparation of a partnership agreement.
13 October 2020
The term “partnership” is often used loosely in everyday language in situations where, from a legal perspective, there is no partnership. For example, a business relationship involving a collaboration between two persons may be commonly described as a partnership, when in fact it is a vendor-customer or joint venture relationship. In order to avoid unintended consequences by entering into a partnership, or improperly describing a business relationship as a partnership, it is important to understand what partnerships are, how they work and when you can use them.
16 November 2020
What’s your price? How many can you send? When can you deliver? These are the questions that first come to mind when negotiating a contract to buy goods. While those key elements form the core of any transaction, they are far from the only considerations that should be addressed in a robust contract for the purchase and sale of goods. Particularly when entering into a long-term relationship, parties should unpack those three key questions as well as address a number of other issues before signing on the dotted line.
13 November 2020
A joint venture involves two or more entities pooling their expertise and resources in order to achieve a common business objective.
23 June 2022
One of the greatest challenges facing entrepreneurs on their journey to take a business idea and turn it into a functioning, profitable company is securing investment capital. Competition for this investor capital can be fierce, so early stage startup companies are often looking for ways to stretch those investor dollars further and further. In British Columbia, one of the ways they can do this is to offer a 30 percent tax rebate to eligible investors, through the two programs created under the Small Business Venture Capital Act: the Venture Capital Corporation and the Eligible Business Corporation programs.
9 January 2023