• Banking
- Debt vs equity financing
- Form of General security agreements
- Letters of credit, bank covenants, including current ratios, debt/equity ratios,
effective net worth and borrowing base calculations.
• Cash flow management
- follow up delinquent accounts
- small claims court actions (<$10,000)
- commerce legal action, if necessary
- Improve number of days sales in accounts receivable
- Increase inventory turnover
- Liquidate redundant assets
• Corporate Governance Issues
- Minute book maintenance, such a shareholder resolutions, director
resolutions, duties and powers of officers, banking resolutions,
establishment of an Advisory Board, By-laws, etc.
• Taxation
- Negotiate assessments/objections-Federal and provincial
- Canada Revenue Agency (CRA) Fairness relief
- CRA and provincial audits
• Employment matters
- Negotiate/draft employment contracts
- Termination process
- Confidentiality agreements
- Non-competition agreements
- Profit sharing agreements
• Business and strategic planning
- market considerations/competition
- trends/niche markets/SWOT analysis
- location
- marketing
- financial models-projected balance and income statements
- cash flow forecasting
• Cost savings programs
- supplier contracts
- product pricing formula’s
- inventory management
- employee severances
- out sourcing
|
