Running a business here in Alberta comes with certain paperwork requirements. Corporations must keep meticulous records as part of their corporate governance, and most of those records remain internal. However, corporations are also required to file an annual return with a Corporate Registry service provider here in the province.
When starting a new business, Alberta entrepreneurs often set goals for their companies. The corporate governance decisions made during the formation process and the first weeks or months of operation set the tone for the future, especially when it comes to dealing with employees. Creating the right organization culture could help the business succeed.
Protecting intellectual property should remain a priority for Alberta businesses as long as the company and/or the IP exists. This means keeping up on protection methods for these items such as patents, copyrights and more. However, when it comes to trade secrets, the protection process can be more complex.
Conflict is often an unavoidable part of doing business. Successfully navigating business relationships can be difficult, often leading to minor disagreements or major disputes.