Entering into a commercial lease is rarely a temporary decision. Further, being locked into a lease that doesn’t work for your business can result in a struggle that could lead to unintended costly outcomes. Due to the long-term nature of the agreement, listed below are some key terms that landlords and potential tenants should consider…
Everyone knows that accidents happen. That’s why many of us carry insurance- on our homes, on our lives, and on our businesses. But, if you’re running a small privately held company, have you ever considered insuring your relationship with your shareholders? Maybe the answer is yes and you’ve wisely had a shareholders’ agreement drafted. Great.…
Everyone knows that accidents happen. That’s why many of us carry insurance- on our homes, on our lives, and on our businesses. But, if you’re running a small privately held company, have you ever considered insuring your relationship with your shareholders? Maybe the answer is yes and you’ve wisely had a shareholders’ agreement drafted. Great. Now,…
With a full-service Solicitor team in place, Pihl Law Corporation is well equipped to assist startups and small business owners with their legal needs. Before your business is off and running, take the time to consult with your advisors to ensure you have the right corporate structure. Often, spending time and money on an initial…
In August 2015, Air Canada advertised 10-pack flight passes for $800. Many consumers thought it looked like a great deal (the passes normally retailed for $8000) and jumped onboard, purchasing the passes. However, the airline later cancelled the orders indicating that a pricing glitch had inadvertently occurred. Earlier in 2015, a mom purchased a play…
In the dental community, Associate Agreements can be a polarizing topic. Most dentists know someone who has been negatively impacted by an ineffective- or non-existent Associate Agreement. Whether it’s a new grad limited by aggressive restrictions or a practice owner stuck in a relationship that is no longer working, it is understandable that associates and…
If you’ve spent any amount of time on Facebook, Twitter or any social media site, you have probably noticed that they are littered with contests. Social media is a great venue for promoting awareness of a business or a brand and in a world where engagement is the name of the game. Social media contests…
No longer just a buzzword, crowdfunding represents a game changing opportunity for startups to access capital and is redefining how companies raise money and interact with their investors. Crowdfunding is increasingly being employed to help people and groups finance various projects by sourcing sufficient funds through an online platform. Crowdfunding can take on different forms,…
Small businesses make up a large portion of Kelowna’s business market, and that trend doesn’t seem to be stopping. If you are considering starting a business or expanding your existing business, here are a few details to consider and discuss with your lawyer and accountant. Taking into account the unique circumstances of your business, it…
In 2012, there were over 50,000 small businesses in the Thompson-Okanagan region. The strength of the entrepreneurial spirit in our region reflects a general trend throughout British Columbia – the Province with the highest per capita rate of small business ownership in Canada. Entrepreneurs (and people who invest in their businesses by taking shares) are…
