Succession Planning and the Family Business

Prepare corporate resolutions to authorize a corporation to repurchase and cancel shares from a shareholder with this easy-to-use template.

• The shareholders consent to the repurchase and the directors authorize the transaction and set the share purchase price.
• The file includes a Certificate of Corporate Officer certifying that the corporation is financially able to repurchase the shares and pay its debts.
• The Corporate Resolutions Repurchasing Shares for Cancellation do not contain specific references to federal or state / provincial laws and can be used in many jurisdictions.
• The form is available as a MS Word download and easy to fill in or customize where required.

Office managers can prepare a concise Office Policy Manual for their workplace with this ready-made template which includes sections on many topics, such as:

• working environment,
• proper business conduct,
• how the company deals with problems with an employee's performance of the job,
• holiday and vacation time,
• benefits package,
• harassment,
• pay scales,
• incident reporting procedures,
• on-the-job training and educational assistance.

Every workplace should have a Policy Manual for its employees and managers to follow. You can download the template immediately after purchase.

This ready-made Employee Manual is a comprehensive template of policies and procedures you can use for your company.

The Manual covers all of the general topics related to employment matters including:

• expectations of both the employer and the employee with respect to job performance,
• benefits packages,
• vacation, holidays and paid leave,
• personnel administration,
• performance review process,
• insurance coverage (medical, long-term disability, etc),
• profit sharing and incentive programs,
• professional code of conduct,
• company meetings.

This Employee Manual template is a fully customizable MS Word document.

Prepare a Borrowing Bylaw (Bylaw No. 2) with this downloadable template for an Ontario business corporation.

• Bylaw No. 2 sets out the power and authority of the corporation's Board of Directors to:
  • borrow money,
  • create debt obligations,
  • grant security to lenders on behalf of the corporation, and
  • to delegate those powers to committees or officers.
• The template is provided in MS Word format.
• Intended to be used only by corporations incorporated in the Province of Ontario, Canada.

Learn the Top 10 Tips to a Winning Exit Strategy with this 8-page article written by an expert business lawyer.

• The aim of the article is to help small business owner-managers prepare a succession plan to ensure that their businesses continue to thrive after their departure.
• These top 10 tips can help you put together a successful exit strategy that not only addresses your personal needs, but is also in the best interests of the business.
• The author is an Ontario lawyer whose main focus is small businesses.
• Available as a PDF download.