Equity compensation plans: Stock options, RSUs, and allocation
In my practice, I frequently provide advice on a specific area of law: stock option plans, or as I prefer to refer to them, equity compensation plans. Since this is just an introduction, I will focus on two common topics that founders frequently inquire about when considering an equity compe…
View the post titled Equity compensation plans: Stock options, RSUs, and allocationFiling deadlines extended for patents, trademarks and industrial designs in response to COVID-19 – Update: Final extension
Note: This post has been updated to reflect additional notices issued by CIPO, mostly recently on August 5, 2020, each which further extended the previously announced extension. As Canada responds to the COVID-19 pandemic, the Canadian Intellectual Property Office (CIPO) has taken the drasti…
View the post titled Filing deadlines extended for patents, trademarks and industrial designs in response to COVID-19 – Update: Final extensionIs it time to update the financial statements in your franchise disclosure document?
Financial Statement Requirements for Disclosure Documents Franchise legislation in Canada (currently in the provinces of BC, Alberta, Manitoba, Ontario, New Brunswick and PEI) contains a requirement that franchisors include financial statements for their most recently completed fiscal year. …
View the post titled Is it time to update the financial statements in your franchise disclosure document?Update on rent relief for Canadian small businesses
On Friday, April 24, 2020 Prime Minister Trudeau announce more information regarding the Canada Emergency Commercial Rent Assistance (“CECRA”) program. When it was initially announced on April 16, 2020, little more was known about the CECRA program than that it would assist small businesses …
View the post titled Update on rent relief for Canadian small businessesCanada announces funding for early-stage companies
This article was updated on April 28, 2020 to reflect additional information regarding the Innovation Assistance Program administered through Industrial Research Assistance Program of the National Research Council of Canada, including the window for submitting applications. As of April 28, 2…
View the post titled Canada announces funding for early-stage companiesCanadian small businesses to receive rent relief
Note: An updated article on the Canada Emergency Commercial Rent Assistance program can be found here. During Prime Minister Trudeau’s daily address on Thursday, April 16, 2020 he announced a new assistance program to help small businesses affected by the COVID-19 pandemic. According to the …
View the post titled Canadian small businesses to receive rent reliefFranchise disclosure during the COVID-19 pandemic
The COVID-19 pandemic is affecting almost every business in one way or another. This is equally true for franchise systems and the franchised businesses in those systems. A limited number of fortunate franchise systems and business are experiencing a positive impact, as the pandemic increase…
View the post titled Franchise disclosure during the COVID-19 pandemicWhat does COVID-19 mean for franchise systems?
How does the COVID-19 pandemic affect franchises systems? On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic. As the situation evolves, the day-to-day affairs of businesses are constantly changing. Responding to a pandemic poses a unique situation for franch…
View the post titled What does COVID-19 mean for franchise systems?Advantages and disadvantages of franchising your business
If you’re reading this article, you’re probably considering franchising as a method of expansion for your business. You might be considering franchising as a result of your own research into expansion options for your business, or (as is often the case) you might be considering franchising b…
View the post titled Advantages and disadvantages of franchising your businessShould I franchise my business?
Franchising as a business expansion model has many advantages and can be a great choice for the right business. However, not all businesses are well-suited to be franchised (sometimes called “franchisable”). Moreover, a business needs to be at the right stage to start franchising. This artic…
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