Startups Resources
The Difference Between Assignment Deeds and Novation Deeds
Assignment deeds and novation are used in different ways to create contractual changes which help achieve certain objectives. Novation deeds are legal documents used to transfer contractual rights and obligationsRead More
What is an Information Memorandum in Capital Raising?
An Information Memorandum provides accurate details about your business’ history, current position and projected future growth to attract prospective buyers and investors. It must contain transparent, comprehensive and accurate informationRead More
What is the Difference Between a Holding Company and an Operating Company?
What is a Holding Company? A holding company has a controlling interest in other companies which are called subsidiaries. An operating company is often a subsidiary of a holding companyRead More
What are Preference Shares?
If you are a business who is looking to raise capital, issuing preference shares is an option you should strongly consider. Preference shares are also known as preferred stocks andRead More
Using a Corporate Trustee for a Family Trust
There are many benefits to using a corporate trustee for a family trust, including the longevity of a corporate trustee, reducing liability and advantages for succession planning purposes. A trustRead More
What is Vendor Finance?
Vendor finance refers to an arrangement where a person selling a business also funds part of the purchaser price. Under a vendor finance loan agreement, the buyer pays an initialRead More
What is Promissory Estoppel?
Promissory estoppel refers to a doctrine that aims to provide protection to party (A) who acts in reliance of a promise made by another party (B) to their detriment. ThisRead More
