11 Nov

Posted By

What Are the Consequences of Liquidating a Company

What Are the Consequences of Liquidating a Company

For many entrepreneurs, opening a company allows them to avoid personal liability for the trading debts of their business, and also to safeguard their personal assets in the unfortunate event of failure. For businesses that operate as a company entity, it is the company that owns all business assets, which also means that the company is responsible for any business debts and liabilities, not the directors. However, there are some instances where the creditors or suppliers could ask you to personally guarantee any pending company liabilities, making you legally liable for the payment of those specific debts according to the guarantee. Given such a situation,…

0 Comment
Read More

04 Nov

Posted By

What You Need to Know About Liquidation Preferences

What You Need to Know About Liquidation Preferences

If your business has an investor, or if you’re considering working with venture capitalists (VC), then one term that you need to familiarize yourself with is “liquidation preferences,” which indicates who gets paid when your company enters liquidation and the payment order when dissolving assets. It is meant to protect investors in the event that…

0 Comment
Read More

08 Oct

Posted By

Warehouse Safety Tips You Need to Follow

Warehouse Safety Tips You Need to Follow

While most warehouses tend to be quite orderly, they can still be a dangerous place to work if workers are not careful, especially when handling used warehouse equipment. There are many safety tips that your workers should be aware of before they set foot in your warehouse. Damage to equipment or injuries to your employees…

0 Comment
Read More

01 Oct

Posted By

Office Furniture: Should You Buy New or Used?

Office Furniture: Should You Buy New or Used?

If you are thinking of renovating your office space and would like to buy furniture, then you may be wondering if buying used or new is best. However, there is no clear answer, as which option is best will genuinely depend on what your individual or unique needs are as a business owner. For instance,…

0 Comment
Read More

25 Sep

Posted By

Do’s and Don’ts of Computer Disposal

Do’s and Don'ts of Computer Disposal

Consumer personal data can be mismanaged and sent to criminal parties if you are not prudent with your computer disposal. It is common for cyber sleuths to hack into an old computer system that was disposed of incorrectly. You should take the proper precautions when dealing with highly classified and sensitive data at the office.…

0 Comment
Read More

Michaels Global Trading

114 - 65 Shuter Street, Toronto, Ontario, M5B 1B2, Canada

sales@michaelsglobaltrading.com
647-821-9961