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Category Archive for: types of business

7 Great Reasons to Incorporate a Business

 A Blog Post, Buying a Business, How to Start a Business, starting a business, types of business A Blog Post, Buying a Business, How to Start a Business, starting a business, types of business

By: Garnet E. Brooks, Halifax Business Lawyer, Halifax Corporate Lawyer This article is part of a series of short, informative articles designed to assist entrepreneurs and business people to become aware of how a business lawyer can help them understand business legal issues. Should I incorporate or not? One of the first decisions an entrepreneur

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The Business Corporation – Limited liability and the corporate entity

 A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business  ,,,

The Business Corporation: Limited liability and the corporate entity by: Garnet Brooks What is a Corporation? Entrepreneurship involves risk.  One of the most common ways entrepreneurs limit their risk is through the operation of a corporate entity, known as a corporation, or company. A corporation or company is a creation of law.  The federal legislation

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Aboriginal Entrepreneur Law – The Limited Partnership (“LP”)

 A Blog Post, aboriginal business law, business law, partnership, small business, starting a business, types of business A Blog Post, aboriginal business law, business law, partnership, small business, starting a business, types of business  ,,,,,,,

Aboriginal Entrepreneur Law – The Limited Partnership (“LP”) by: Garnet Brooks (As featured in the Mi’kmaw & Maliseet Newspaper – Atlantic Canada) With an increase in Aboriginal entrepreneurship in Canada, there is an increasing desire for entrepreneurs at all stages to become more informed on the basic legal concepts which concern them and their respective

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Aboriginal Business Law – Sole Proprietorship (Aboriginal Considerations)

 A Blog Post, business law, entrepreneur, small business, starting a business, types of business A Blog Post, business law, entrepreneur, small business, starting a business, types of business  ,,

Aboriginal Business – Sole Proprietorship (Aboriginal Considerations) With Aboriginal entrepreneurship on the rise, it is increasingly necessary to have a basic understanding of the legal issues that entrepreneurs, their businesses, and business partners face, in particular when issues unique to Indian status in Canada are thrown into the mix. There are various ways an entrepreneur can structure

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Limited Liability Partnerships (“LLP”) – a twist on the general partnership

 A Blog Post, business law, Buying a Business, entrepreneur, partnership, partnerships, small business, start-up business, starting a business, types of business A Blog Post, business law, Buying a Business, entrepreneur, partnership, partnerships, small business, start-up business, starting a business, types of business  ,,,,,,,,,,,,,,,,,

Limited Liability Partnerships (“LLP”) A limited liability partnership (“LLP”) is very similar to a general partnership.  The biggest difference is that “innocent” partners have some protection from the unknown negligence or misconduct of other partners.  Limited liability partnerships are governed by the Partnership Act, in Nova Scotia. As in a general partnership, all partners in

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Limited Partnerships – statute based limited liability without incorporation

 A Blog Post, business law, Buying a Business, entrepreneur, partnership, partnerships, small business, start-up business, starting a business, types of business A Blog Post, business law, Buying a Business, entrepreneur, partnership, partnerships, small business, start-up business, starting a business, types of business  ,,,,,,,,,,,,,,,,,

The Limited Partnership (“LP”) Introduction:  Previous articles discussed characteristics of sole proprietorship and general partnership.  This article will discuss the limited partnership business structure. Limited partnerships can carry on any business that a general partnership may, and offers limited liability to some partners, known as the “limited partners”.  For this reason, this business structure is

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What new entrepreneurs need to know about a business partnership

 A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business  ,,,,,,,,,,,,,

Partnerships – The General Partnership Entrepreneurs often get involved in business projects together, or in ‘partnership’ with one or more other entrepreneurs or investors. There are various types of partnership structures.  Three common partnership structures include general partnerships, limited partnerships, and limited liability partnerships (LLP).  These blog posts will provide a brief overview of the general characteristics of

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Setting up a Sole Proprietorship – Structuring Your New Business

 A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business A Blog Post, business law, Buying a Business, entrepreneur, small business, start-up business, starting a business, types of business  ,,,,,,,,,,

The Sole Proprietorship Sole Proprietorships in Nova Scotia by Garnet Brooks, Business lawyer One of the decisions a new small business entrepreneur faces is how to structure their business.  This series will be a brief look at some of the most common ways new small businesses are structured. A sole proprietorship is a business that

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