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Raising Debt Capital for Technology Startup
Because most loans and lines of credit are asset-based loans, knowing the lender’s guidelines is very important. The industry and market characteristics, the stage and health of the startup in terms of cash flow, debt coverage, and collateral are critical to the lender’s evaluation process. Naturally, startups have more difficulty borrowing money from banks than established businesses because they don’t have assets, track record of profitability and a positive cash flow.
Taxation of Technology Startup
Federal income taxes are imposed under the Income Tax Act and the Regulations enacted pursuant to the ITA. In Canada both the federal and provincial governments impose income taxes on residents and non-residents. Under the ITA, income tax is imposed on the total world income of residents and on Canadian source income of non-residents. Business and property income is determined according to generally accepted accounting principles except where there is a specific statutory rule to the contrary.
List of Representative Clients
We represent businesses, entrepreneurs and inventors at all stages of growth, from business formation to IPO or acquisition. We represent individuals, partnerships, and private companies in a wide variety of industries including aviation and aerospace, telecommunications, electronics, computer hardware and software, information technology, medical devices, digital media, clean technology, healthcare, book publishing, and entertainment.
mBizTech Inc. acquired by Wallace Wireless Inc. www.wallacewireless.com
mBizTech Corp is a Preferred ISV Partner (Independent Software Vendor) of Research in Motion, manufacturer of the BlackBerry platform. mBiztech is a leader in the field of mobile data access applications and services. mBiztech provides a suite of easy to deploy, out-of-the-box products for BlackBerry providing seamless access to data systems such as Lotus Domino, Oracle, SQLServer and DB2. mBizTech solutions also include a full set of tools to create and customize forms and user interface for BlackBerry. Peripherals, such as barcode readers, printers and GPS receivers, can also be incorporated to extend the functionality of our products.
Try That {!} Inc. www.trythat.ca
Whether it's a Father's Day Gift, Birthday Gift, Anniversary Gift or a Gift for Christmas, Mother's Day, Valentine's Day or a Wedding… whatever the occasion, Try That{!} Gift Certificates are ideal Gifts for him, Gifts for her or for that hard to buy for person. Try That {!} Inc. have assembled the most unforgettable experiences across Canada for you to enjoy, so to find that perfect experience simply start by selecting a region.
Soundmask Australia Pty Ltd. www.soundmask.com.au
Soundmask has been operating since 1989, and has installed systems in each Australian State, and in New Zealand. Soundmask's systems have been developed to meet unique customer needs. Soundmask's generators have C-tick and FCC accreditation. Soundmask's hardware complies with ISO-9000 and RoHS. Soundmask has developed its systems with the humidity of far north Queensland in mind. Soundmask systems are suitable for almost all climatic conditions.
John Bordynuik Inc. www.johnbordynuik.com
John Bordynuik Inc. is a one vendor solution for the design and manufacture of robust, intelligent electronics in products. Anyone can manufacture plastic or steel - JBI makes intelligent plastic and steel. As your technology partner, JBI has a vested interest in ensuring that your product is constantly evolving and cost effective. JBI has the world's largest engineering information archive - a crucial factor in the development of elegant, robust and highly competitive products.
Affinity Systems Inc. www.affsys.com
Affinity Systems specializes in the design, development, implementation and support of innovative software solutions for companies worldwide. With sophisticated, high-quality solutions, the company helps businesses to improve their competitive edge through effective use of the latest technology.
Sentryon Tire & Wheel Storage Ltd. www.sentryon.com
Sentryon Tire & Wheel Storage Ltd. is the premiere provider of seasonal off-site tire storage to dealerships in the greater Toronto area. Using a state-of-the-art automated storage facility and advanced computerized management system, they are able to provide quick turnaround times and industry-leading customer service, while still being competitive in pricing.
Alure Sales Inc. www.aluresales.com
Alure Sales Inc. is well known for their flagship product Alure Strobe Lures. The product is also marketed as the Bite Light in some areas. This lure has revolutionized fishing all over North America. The lure contains a flashing red LED light that is activated in water when in motion. Fish will attack the lure because the red light emulates an injured fish, or light shining off the gills of a fish. It has 1000 hours of battery life, so it will flash and catch fish for as long as you have your lure. There is a steel ball inside the lure that helps to keep it’s head erect so it swims realistically, and causes a clicking sound which will help attract fish.
Samoa Artesian Water Ltd. www.samoanwater.com
As an ethical company with a strong social, spiritual and environmental conscience, Samoa Water follows a list of 'ten commitments' in order to maintain a committed, consistent approach to business and to reinforce their position as the South Pacific's leading bottled water 'enviropreneur'.
Four Point Planning LLC.
Creator of a computer software program, designed to assist in the planning, scheduling, execution and control of industrial applications’ regular and unscheduled maintenance, shutdowns, turnarounds and outages, in the oil/gas, petrochemical, chemical, pulp & paper, manufacturing, medical, and other industrial installations. It could run everything from a large shopping mall to a nuclear facility.
Proccounting www.proccounting.com
Proccounting is committed to providing superior and reliable bookkeeping services to help their clients to focus on their goals and to ensure their businesses going in the right direction and running efficiently.
Air Express Ontario Inc. www.airexpressontario.com
Air Express Ontario Inc. is air charter company operating from it's base in Oshawa airport. The company flies two aircraft - King Air 200 and King Air 90.