Less Chips, More Swimming and Other Resolutions for a Healthy 2018

Uncategorized Jan 04, 2018

Happy New Year to each of you!  Thank you for signing up, reading, watching and commenting in 2017.

As we tend to do, I have made some personal and business resolutions for 2018.  My personal resolutions include eating less chips and swimming more.

For the first blog of January, I have picked the theme of Legal Resolutions for 2018.  Have you thought about making resolutions for your business relating to legal issues?

You can watch my Legal Lunch video on this topic here

The above video has 8 topics for your consideration in making your legal resolutions for 2018:

  1.  Website – Is your business website compliant with all legal requirements? If you have not received my freebie “5 Legal Bits to Have on Your Website”, you can download it here.
  2. Tax – Do you have any weird letter from CRA to be dealt with?  Have you talked to your accountant about the 2018 tax changes?
  3. Estate Planning – Do you need to make any updates to your will, personal directives or property powers of attorney?
  4. Contracts – Did you wish that you had a standard contract for clients, employees or contractors?  Is there anything that happened in 2017 that you wanted to reflect in one of your contracts?
  5. Intellectual Property – Do you need a Non-Disclosure Agreement?  Do you create content that should have a copyright notice on it?  Is there a word, phrase or logo that you want to protect as a trade-mark?
  6. Loans/Financing – Do you have outstanding loans?  Do you understand what the security you have given for these loans?  Are they coming up for renewal or payout?  Do you have plans in 2018 that may require additional financing?
  7. Buying or Selling – Do you have plans or goals in 2018 to buy another business or their assets?  Are you potentially going to sell your business in 2018?
  8. Legal Structure – It is a good idea from time to time to consider whether your legal structure is still a good fit for your business – maybe you are a sole proprietorship and could benefit from incorporating or vice versa.  Is there some changes need to the shareholders of your incorporated company?

I hope that some of the above topics will get your planning juices flowing.  If there are any topics you would like discussed in more detail, please let me know.

Now back to focusing on my business goals and trying to eat less chips (but today is going to be tough because it is a storm day).

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