small business Archives - LawNow Magazine

Mistake #5 in Starting a Small Business: Not Getting a Lawyer for your Business

Continued from Mistake #4: Not Being Adequately Insured Mistake #5. Not Getting a Lawyer for your Business As the owner of a business, you would likely never try to do all of your own accounting, computer support, and cleaning – you would probably hire someone. After all, you are there to run the business part […]

Authors:

Carole Aippersbach
Carole Aippersbach is a lawyer with the Centre for Public Legal Education in Edmonton, Alberta.
 

Mistake #4 in Starting a Small Business: Not Being Adequately Insured

Continued from Mistake #3: The Contents of Leases Mistake #4. Not Being Adequately Insured New businesses often have insufficient insurance. In deciding what kind and how much insurance to secure, a new business owner should carefully examine the needs of the business. Here is a summary of the most common forms of insurance coverage. Property […]

Authors:

Carole Aippersbach
Carole Aippersbach is a lawyer with the Centre for Public Legal Education in Edmonton, Alberta.
 

Mistake #3 in Starting a Small Business: The Contents of Leases

Continued from Mistake #2: Not Having an Operating Agreement (Partnerships and Corporations) Mistake #3. The Contents of Leases When you start a small business, you will need to consider where that business will be located. If your business is not a home-based one, this may be the first time you have had to deal with […]

Authors:

Carole Aippersbach
Carole Aippersbach is a lawyer with the Centre for Public Legal Education in Edmonton, Alberta.
 

Mistake #2 in Starting a Small Business: Not Having an Operating Agreement

Continued from Mistake #1: Choosing the Wrong Ownership Mistake #2. Not Having an Operating Agreement (Partnerships and Corporations) An “Operating Agreement” is a contract between the founders of the business. This includes people involved in the management, people who provide capital, and people who do both. This agreement sets out operative issues in advance such […]

Authors:

Carole Aippersbach
Carole Aippersbach is a lawyer with the Centre for Public Legal Education in Edmonton, Alberta.
 

Top 5 Legal Mistakes in Starting a Small Business

So you want to start a small business? You have your business plan at the ready, you can get a start-up loan with an interest rate that is at an all-time low, and your determination is at an all-time high. You are ready to go. Ironically, now – during this flurry of energy, excitement, and […]

Authors:

Carole Aippersbach
Carole Aippersbach is a lawyer with the Centre for Public Legal Education in Edmonton, Alberta.
 


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