Posts Tagged ‘legal advice’

Would a Work from Home MLM Business be the Right Choice for You?

Posted in Home Based Business on December 14th, 2011 by Rob Fore – Be the first to comment

Many of us would benefit from having a work from home MLM business. It is an glorious idea for retirees, mums who are at home with youngsters all day, and lots of the people who cannot find employment. Tons of folks are only working part time and are not making enough income to survive. All these people would get advantages from having their own work from home MLM business.

I think if you’re reading this then you fall into one of the above categories or you are done with the corporate world.

Those who have been in retail, sales, or have any client service experience and have worked with the general public each day of their lives will generally understand what the term “attraction marketing” is all about.

Repeat clients ask for you because they like you. You were helpful and gave them all of the info that they needed.

Even if you had a grass care business, you made a trip to the homeowner regularly and he would ask you questions. Your answers had worth to the homeowner, and they liked you for it. For example, if after two weeks you told them that they needed to buy a express kind of chemical, they went ahead and told you to get it. They’d trust in you. And that in a nutshell is attraction selling.

Just from using your experience and data you will have made one or two additional dollars, so can you imagine working continually from home doing the same thing?

Oh that is easy you could think, but I might need help to get started to do that. So now it’s me that requires the help! Now it does not look so easy.

There are many thousands of people waiting to “help” you, but all they want to help themselves to is your Visa card number. This sort of attraction selling is simply about attracting your money into their bank accounts!

After you have started pondering your own MLM business, you have probably already wasted plenty of time and potentially cash looking for help you’ve possibly already seen the ads for supposed programs that may “make you millions overnight”.

A few individuals are extraordinarily fortunate and find the best program right away, but if you’re looking at this piece of writing you are probably still fighting.

You’ve Got To Start Your Work from Home Business on the Right Track

What you have got to do is master the art and science of direct reply selling so as to generate massive amounts of leads. You’ve got to think attraction promoting all the time. You have got to think leads all of the time. You should be continually pondering branding. And most vitally, you should be pondering building a business and not just inducting a team. You want goals, a plan, and a schedule to work to. You should generally be planning carefully, and not just for today.

If you do this right you can literally create thousands of leads on demand, and make loads of greenbacks every week in commissions, and you can induct more people in one month than most MLM marketing pros can sign up in a year, by simply promoting a great online attraction marketing funnel. There’s only one we suggest, click now to find out more about it.

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What is an Ontario Certificate of Good Standing

Posted in Small Business on November 21st, 2011 by Holly Crosgrey – Be the first to comment

A Certificate of Status is sometimes called a Certificate of Compliance or a Certificate of Good Standing and in Ontario a Certificate of Status is issued by the Ontario Ministry of Government Services. All companies can obtain a Certificate of Status in the jurisdiction in which they have been incorporated.

Certificates of Status are issued when you need to provide some institution or person with confirmation that your Ontario company is in good standing and is up-to-date in its filings.

If you obtain an Ontario Certificate of Status it will show the following: (a) the current name of the corporation; (b) the number assigned to the corporation by the government called the Ontario Corporation Number; and (b) whether or not the corporation is in good standing.

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Ontario companies must file federal tax returns each year and if those returns are not filed for many years the federal government will eventually dissolve the company. If a company has been dissolved it will not be able to receive a clear Certificate of Status.

An Ontario company has a statute requirement to file an annual return each year and it the return is not filed the company will end up being dissolved by the Companies Branch. A clear Certificate of Status cannot be obtained if a company is in default of not filing its annual returns.

When an Ontario Certificate of Status is issued for a corporation and the certificate shows that the company is not in good standing because of some filing it has not made, money is not refunded. It will be necessary for that corporation to update its filings before it can receive a Certificate of Status which indicates the corporation is in good standing. These certificates are costly because the government charges more to certify any kind of document. The corporation will then have to ensure all of its filings are up-to-date in order to obtain the Certificate of Status it needs. It is a good idea to know before the Ontario Certificate of Status is ordered whether the corporation has done all of its annual return filings. If the corporation has not filed all of its federal tax returns it can still obtain an Ontario Certificate of Status just as long as too many years have not gone by and the corporation has then been dissolved.

A Certificate of Status is not an Ontario corporate search. If you are trying to determine information about an Ontario company you should have an Ontario Corporate Profile search done rather than ordering a Certificate of Status.

Certificates of Status are sometimes required by banks, law firms, individuals on the other side of a corporate deals whereby the company might be sold, when the corporation registers a car, when a company buys property, or numerous other reasons. Any person or institution that an Ontario company is dealing with may ask the directors and officers to provide them with a Certificate of Status to ensure the company is in good standing with the Ontario government.

Resources for Canadian Business Owners provides information about Certificates of Status for Ontario Companies and other legal products.

The Benefits Of Performing A Preliminary Search Before Incorporating

Posted in Home Based Business on June 17th, 2010 by Holly Crosgrey – Be the first to comment

Before you can incorporate a company in Canada, no matter what province or territory you live in, you will be required to provide some form of name search and as well, you might also be required to provide a name search to register a proprietorship, business name or a partnership.

A preliminary name search is a pre-check of a proposed company name, business name or sole proprietorship name before you order your full Nuans name search report or other similar name search. Having a preliminary name search done prior to ordering a full search can save money in the long run.

The government reviews the full name search report to ensure there are no conflicts before it allows you to register your business. Some Canadian jurisdictions such as the federal jurisdiction will reject a name even if it sounds like another name and is spelled differently.

When you order a Nuans Name Search or name search report with a search house normally the search house will do a preliminary name search as part of the service. You should ask this in advance or confirm this on the website of the search house. You should not have to pay for both a preliminary and a full name search separately. The only time a preliminary name search should be paid for separately is if you are registering a business name, proprietorship or partnership and the province or territory in which you register does not require a full name search. More about that below.

Just because you have a name search (Nuans report) is not a 100% guarantee the government is going to accept your name. If the Nuans search house does not perform preliminary name searches prior to ordering a full Nuans report you should look for another one. A Nuans name search report can be ordered without a preliminary name search but an experienced search house will do a preliminary name search first so you have less chance of your name being rejected by the province or territory in which you wish to register your business without charging you extra.

Think of it this way. Say you plan to incorporate a business with the name Johnson Lawn Services Ltd. The search house you are working with tells you there is no other name registered exactly as that. The search house does not bother to pre-check names as part of their service and there is a name already registered called Johnson Lawn Services Inc. Since the search house has told you there is no exact name you register your company. Mr. Johnson of Johnson Lawn Services Ltd. becomes aware that you have registered a company with almost the exact name except the ending. He considers this competition and since he has had his name for a number of years he decides to sue you to obtain an order to force you to change your company name. It is possible he could obtain an order such as this if he can prove your name is a conflict. This would cause you wasted time and money. Further, would you really want to have a company with a name that close to another company’s name. It would also be a problem for you.

The search house will provide the Nuans name search report or similar name search report to you by email and you should take some time to review the report to ensure for yourself that the name you wish to use is not too similar to another name already registered.

You can incorporate a company in Ontario that is different in any way. Considering the above example, the only difference is the ending of the name. Therefore it would be accepted. On the other hand if you were dealing with the federal government it would never be accepted for registration.

If you are registering a business in Alberta, Ontario and possibly some of the other provinces or territories in Canada, you do not need a name search in order to register your name. The government does not as a practice pre-check these types of names and therefore it is your responsibility to make sure you do not have a name similar to another name. You could still be taken to court if you do not ensure your name is different than others. Actually the corporate governments in Ontario and Alberta allow for business names to be registered that are exactly alike.

In these cases it is a good idea to do a preliminary name search which you would need to pay for. Therefore in a case where you do not have to provide a name search report to register a business name, partnership or sole proprietorship, you should do a preliminary name search. Keep in mind that many search houses will do the preliminary name search for free if you chose their service to register your business name, however, if you have any concerns about that just write them and ask them what the policy is before you purchase.

Resources for Canadian Business Owners provides information about legal and government services for Canadian businesses as well as further information about a Nationwide Business Search.

What You Need to Know Before Ordering an New Brunswick Name Search Report

Posted in Entrepreneurs on May 17th, 2010 by Holly Crosgrey – Be the first to comment

A New Brunswick Nuans Name Search Report is a seven page report which is generated from the Canadian Nuans name search system. The Nuans database compares a proposed corporation name or trade-mark with a database of existing names that have already been registered in a province or territory across Canada with a few exceptions.

You must obtain an New Brunswick Name Search for the proposed name you intend to use for your New Brunswick company at the time you incorporate in the province of New Brunswick. The New Brunswick Nuans name search report allows the New Brunswick government to determine whether your name is available prior to granting you the right to incorporate your company.

If you wish to register a New Brunswick partnership or a New Brunswick sole proprietorship or a business name on behalf of a New Brunswick company already registered in that province, you will also be required to provide a Nuans name search report. The New Brunswick government is much more stringent at accepting names and it is therefore important that you have the name checked thoroughly before you register to ensure it is available. This can be done by doing a preliminary name search against your proposed name. A preliminary name search can let you know whether the business name you are thinking of registering is available for use before ordering a full New Brunswick Name Search for the proposed name you wish to use. Without first checking to see if the name is available and just ordering a full New Brunswick name search without a preliminary name search, this could result in your obtaining a New Brunswick name search for a name that has too many conflicts to be used. You will then need to pick a new name and order again. The New Brunswick government will look at all names registered in New Brunswick and all names registered right across Canada when making its decision to accept your name.

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Most reputable search houses will perform a preliminary name search for your proposed New Brunswick name as part of the service when you buy a New Brunswick Nuans name search from them. Beware of companies that charge an extra fee for this. The only time there should be a fee for a preliminary name search is in the case where you are registering a trade name in a province where a Nuans is not required for registration but you still want to determine the availability of the name. In New Brunswick you are required to provide a Nuans for all business names registered. In light of that when ordering a New Brunswick Nuans name search look for a service that will check your name as part of the cost and that will provide you with confirmation that you have a good chance of getting the name accepted.

You must have a legal element for the proposed name (explained below) but for registrations such as New Brunswick partnerships or New Brunswick trade names the legal element is not required or even allowed.

Outlined below is a breakdown of the elements of a corporation name which principles can be used for business names as well with the exception of the legal element.

If the name you choose to register is “Ryan Carpentry Inc. , the distinctive element is the word “Ryan”, which is distinctive because it is a last name of a person. Another example of a distinctive element in a name might be “Owen Sound” as in “Owen Sound Garden Supplies Ltd.” which is distinctive because it describes a location. “Treetop Tree Cutting Services Corp.” has the distinctive word “Treetop” in it to make it stand out from other dental service companies.

The descriptive element describes the type of business. In “Capital Mining Inc.”, the descriptive element is “Mining” which describes the nature of business of the corporation. In “Pickering Legal Services Ltd.” the descriptive element is “Legal Services” which describes the type of services this business provides. “Building Supplies” is the descriptive element for “Mack Building Supplies Corp.”.

The Legal Element in the name Mining Resources Inc. is the word “Inc.” which is a mandatory ending which recognizes the name as the name of a company. Any company registered in Canada must have one the following endings: “Inc.”, “Incorporated”, “Ltd.”, “Limited”, “Corp.”, “Corporation” and the French equivalents of “Ltee.” “Limitee”, “Inc.” (same in English and French) or “Incorporee”, The Legal Element indicates that the name relates to a company rather than to a business name, partnership or sole proprietorship.

As indicated, the New Brunswick company is very particular about name granting. You must order your Nuans report from a search house. When the search house checks your name (NB: if a search house does not perform a preliminary name search for your name you must request this) if it takes the effort to ensure your New Brunswick name is available you will have a better chance of having your name accepted. Even then, it may still not be accepted. The government has its own internal policies and different examiners have different ideas about what is an acceptable name. You could still need to order another search if your name is rejected. If the search house has made efforts to check your name then it would not be the fault of the search house if the name is rejected. Not all names will show up on a preliminary name search report. If you happen to get a difficult examiner you could still have your name rejected.

Resources for Canadian Business Owners provides unlimited preliminary name searchs as a free service when purchasing a NB Nuans Name Search Report and can assist with Sole Proprietorship Registrations.

What You Need to Know Before Ordering an Alberta Name Search Report

Posted in Small Business on May 16th, 2010 by Holly Crosgrey – Be the first to comment

The report that is generated from the Nuans name search system is called an Alberta Nuans name search report. This program’s purpose is to compare a proposed company name to all of the names in its database which are the names of all companies registered as of that date across Canada.

You will not be able to incorporate a company in Alberta without providing a copy of an Alberta Nuans Name Search Report. When you go to incorporate the Alberta government will compare the name of your company to all the names on the Alberta name search report and this will let them know the name is available for use.

Alberta Name searches are not required when registering Alberta sole proprietorships (trade names) or Alberta partnerships. Alberta has no protection for a business name such as a sole proprietorship or trade name. It is still advisable to do a preliminary name search just to ensure the name is available. Having a preliminary name search performed on your proposed business name will let you know if anyone is using the name without having to order a full Alberta Nuans name search report.

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Prior to having the Alberta Nuans name search ordered for your proposed company name a preliminary name search must be performed. This is because it would not be a good idea to just order a name search without checking to see if the name is available because once the search is ordered there is a cost. If the Alberta Nuans report shows a conflict it will be too late and you will need to order another search after you pick another business name.

As part of the service, a search house will normally perform the preliminary name search before ordering your Alberta Nuans name search report as part of the same cost. Be sure to check the prices before ordering your searches. Preliminary name searches are ordered separately for a separate cost in cases where you do not need to order a full search otherwise they are normally part of the service for a full search at no extra cost. When you are registering an Alberta business name or Alberta partnership you would purchase a preliminary name search to ensure the name is available since you do not need a full Alberta Nuans name search report for those types of registrations.

Even though you are not required to obtain a Nuans Alberta when registering an Alberta trade name or Alberta business name, an Alberta sole proprietorship or an Alberta partnership, you should still have the name you wish to use checked. There could still be a conflict with the name and you could be requested to stop using the name if you pick a name that is well known by the public for many years. In order to safeguard against this you should do a preliminary name search on any name you are going to use as an Alberta business or trade name, Alberta sole proprietorship or Alberta partnership.

You must have a legal element for the proposed name (explained below) but for registrations such as Alberta partnerships or Alberta trade names the legal element is not required or even allowed.

Outlined below is a breakdown of the elements of a corporation name which principles can be used for business names as well with the exception of the legal element.

When deciding on a name for your corporation, you should consider three aspects of the name as follows: (1) the Distinctive Element (2) the Descriptive Element, and (3) the Legal Element.

If the name you choose to register is “Johnson Carpentry Inc. , the distinctive element is the word “Johnson”, which is distinctive because it is a last name. Another example of a distinctive element in a name might be “Toronto” as in “Toronto Garden Supplies Ltd.” which is distinctive because it describes a location. “Treelight Dental Services Corp.” has the distinctive word “Treelight” in it to make it stand out from other dental service companies.

The descriptive element describes the type of business. In “Johnson Carpentry Inc.”, the descriptive element is “Carpentry” which describes the nature of business. In “Toronto Garden Supplies Ltd.” the descriptive element is “Garden Supplies” which describes the type of products this business sells. “Dental Services” is the descriptive element for “Treelight Dental Services Corp.”.

The Legal Element is the word “Inc.” which is a mandatory ending which recognizes the name as the name of a company. In Canada you can have the following endings for your company name: “Inc.”, “Incorporated”, “Ltd.”, “Limited”, “Corp.”, “Corporation” and the French equivalents of “Ltee.” “Limitee”, “Inc.” (same in English and French) or “Incorporee”, The Legal Element distinguishes your name as a share corporation rather than a business name, sole proprietorship or non-share corporation.

Resources for Canadian Business Owners can assist you with an Alberta Business Company Search Report and Alberta Business Name along with other government and legal registrations.