42-4: Law for Entrepreneurs Archives - LawNow Magazine

Protecting Your Invention: Tips from an Intellectual Property Lawyer

The million-dollar idea. It’s the holy grail of inventorship, the kind of thing that inventors and entrepreneurs spend their careers pursuing. But those that do manage to turn their efforts into a golden idea are often confronted with an uncomfortable reality: leveraging that invention for a profit is often just as hard, if not harder, […]


Francisco Marquez-Stricker
Francisco Marquez-Stricker is Legal Counsel at the University of Alberta’s Research Services Offices.

How To Deal With Bankruptcy as a Small Business Owner

Considering bankruptcy is never easy. It’s one of the most important – and difficult – financial decisions you will ever have to make. An added worry for some indebted Canadians might be what happens to their financial situation if they are self-employed or running a small business. You may be surprised to learn that it’s […]


J. Doug Hoyes
J. Doug Hoyes
J. Douglas Hoyes, B.A., C.A., CPA, CIRP is a Licensed Insolvency Trustee and co-founder of Hoyes, Michalos & Associates Inc. in Ontario, Canada. He is also the host of Debt Free in 30, a weekly podcast about how to handle money and debt.

When the Entrepreneur and Tax Man Meet

Starting a business can be exciting, but also incredibly nerve-wracking.  While tax considerations are often a low priority, some commonly overlooked issues can cause significant headaches. Below we discuss some key general considerations.  Specific advice from a tax professional is prudent. Business or Personal Venture? Disputing the CRA’s assessment is very difficult without proper records. […]


Caitlin Butler
Caitlin Butler, CPA, CA, is a designated accountant splitting her time between Vancouver, British Columbia and Edmonton, Alberta. She is a member of the Video Tax News editorial board and is a co-writer and presenter of the Video Tax News National Personal Tax and Corporate Tax update courses.

Steps to Starting a Business in Alberta

The information below is not legal advice and different steps or requirements may be necessary according to your specific situation. It is highly recommended that you speak with a lawyer if you are thinking about or are starting a business. STEP 1: CHOOSE A FORM OF BUSINESS The first step when starting a business is […]


Khadija Zeeshan
Khadija Zeeshan is a student in the Faculty of Law at the University of Alberta and a member of Pro Bono Students Canada.

10 Common Mistakes When Launching a New Business

Launching a new business for the first time is not always easy.  There many factors to take into consideration – whether financing, marketing, customer acquisition or dealing with legal issues.  Many new businesses place legal concerns on the back burner due to costs and time constraints.  They assume that legal problems can be dealt with […]


Vandana Taxali
Vandana Taxali is a business, entertainment and intellectual property lawyer at Entcounsel in Toronto, Ontario.

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