Understanding SAFEs: Simplified Agreements for Future Equity
Simple Agreements for Future Equity (SAFEs) are becoming increasingly popular as a funding mechanism for startups and high-growth companies. However, despite their name, SAFEs are not necessarily simple. While they provide a quick way to raise capital, their terms can be complex, often leaving important
Immigration and Work Permit Considerations for Foreign Businesses in Canada
When foreign businesses or workers plan to enter Canada, immigration issues must be addressed early on. Choosing the most suitable immigration strategy and entry options is crucial. It’s necessary to determine whether a foreign worker requires a work permit or if they can enter as a business visitor. Canada's immigration laws and programs are designed to facilitate the entry of foreign professionals and business people, including those looking to establish new businesses or subsidiaries in Canada.
Franchise Law in Canada - Key Considerations
Canada, with its robust economy and proximity to the United States, is a prime location for U.S. and international franchises looking to expand. The country hosts approximately 1,300 franchise brands and over 75,000 franchise units spanning almost 50 different sectors, including retail, hospitality, healthcare, automotive, and business-to-business services. Franchising contributes over $120 billion annually to the Canadian economy and creates nearly two million jobs. In fact, franchised businesses account for one out of every five consumer dollars spent on goods and services in Canada, adding roughly $96 billion to the country's GDP.