Adam Bata presents the pros & cons of entrepreneurs incorporating in Chronicle Herald article
Corporate lawyer Adam Bata, Halifax, sat down with James Risdon from the Chronicle Herald recently to discuss what comes along with starting up a sole proprietorship or incorporating for entrepreneurs.
Within the interview, Adam outlines some points for entrepreneurs to consider when thinking about incorporation. He states that those who are trying out a new idea may want to be independent, and set up a sole proprietorship. While there are positives to this route, such as low costs to register as a business and fewer tax issues, having sole proprietorship means no protection for personal liability. In addition, Adam notes that receiving money or other such support from companies and potential investors can be harder in a sole proprietorship – “people start to think of incorporation when they want to get investors or start looking at major expansion.”
Archive
Atlantic Business Magazine named CEO and Managing Partner, Lydia Bugden, QC, as a five-time winner of a Top 50 CEO award, and one of the newest members of their Hall of Fame at last night’s…
Read MoreThe 2022 Canadian Legal Lexpert Directory has listed 79 Stewart McKelvey lawyers as leading practitioners. Lexpert determines this national listing through an annual peer survey across a variety of practice areas, including banking and finance,…
Read MoreWe are pleased to welcome Iselle Manuel to our corporate team in Moncton. Originally from Baie-Sainte-Anne, New Brunswick, she studied education at the Université de Moncton before attending law school. Called to the New Brunswick…
Read MoreCongratulations to Jason Woycheshyn, litigation lawyer in our Halifax office, who was recently appointed President of the Ukrainian Canadian Bar Association (“UCBA”). The UCBA is a network of hundreds of lawyers across Canada that aims…
Read MoreManaging Partner of our St. John’s office, Tauna Staniland, has been appointed Queen’s Counsel, as announced by the Minister of Justice and Public Safety, the Honourable John Hogan, QC. This prestigious honour is given to…
Read MoreStewart McKelvey has been chosen as Best Law Firm by the readers of Atlantic Business Magazine. As part of the second annual Readers’ Choice Awards, members of the business community from across the Atlantic region…
Read MoreWe are pleased to announce that effective January 1, 2022 the following associates will be admitted as partners: Michelle Chai (Halifax) Matthew Craig (St. John’s) Danielle Harding (Fredericton) Jonathan O’Kane, Conor O’Neil, P.Eng. and Julia…
Read MoreStewart McKelvey Director of IT, Sherri Thom, sat down with Skills Canada – Nova Scotia for an interview on her journey in IT, and what it’s like to work in an industry where women are…
Read MoreWe are pleased to announce litigation lawyer Brendan Peters has joined our team in Halifax. A graduate of the Schulich School of Law, Brendan returns to Atlantic Canada after beginning his practice in Ontario with…
Read MoreStewart McKelvey has been accredited as an Employer Partnership Programme (“EPP”) Partner with the Society of Trust and Estate Practitioners (“STEP”) to further the learning and professional development of our estates and trusts lawyers. With…
Read More