Exploring different forms of business organizations & the legal landscape when it comes to starting a business.
About this Invest Ottawa workshop:
Join Colton Allen from Mann Lawyers to get a bird’s eye view of the legal landscape when it comes to starting a business. We will explore different forms of business organizations.
Sole Proprietorships
- what does it means to be a sole proprietor? What are the advantages and disadvantages of this structure of business?
Partnerships
- how and when can a partnership arise? What are some advantages and disadvantages flowing from this particular structure?
Incorporation
- much of the presentation will focus on the characteristics, advantages and disadvantages of a corporation (i.e. ownership, continuity, limited liability, tax planning, employee stock options etc.).
- how does input at the start-up stage impact the division of equity amongst key stakeholders and directly corresponding, the importance of a shareholders’ agreement while the parties are in good spirits
