Registering for an event signals the first, often irreversible, commitment. Training has to pick up. The date is set, fees are paid. You’re in. Doubts may linger, but you’re in. It’s pretty straightforward.
A business venture becomes official with registration, but this in itself can be a time consuming process. Names, domains and trade names. Federal and extra-territorial? Rights, trademarks, copyrights — as we move into a whole new world of rights-oriented and regulated commerce, its hard to tell who’s right or what’s the right thing to do. Especially at the beginning.
When we started we knew BoldRush was a great name. And we knew that as a new business that it was important to protect our name (and our recipes). We registered the .com and the .ca right away. Compared to trademarks, domain name registration was a piece of cake — no capitals, no spaces, no pictures or special fonts. No lawyers.
We also incorporated federally rather than territorially to protect the BoldRush name across Canada while our trademark application was in process. (New corporations have to undergo a NUANS search to ensure that the name is not being used elsewhere.)
There appears to be little other benefit to federal incorporation since corporations still have to register in each province or territory where they conduct any type of business activity. (I wonder how many are sliding under the bar on this one). It adds up to another expense for Yukon companies who rely on outside markets and adds another level into the interwoven layers of regulatory compliance. These extra-provincial or extra-territorial fees are higher than federal fees and vary by jurisdiction. This is just the edge of a sludge-filled marsh of red tape through which companies tread daily.
It can be a really slow slog. Two weeks ago an envelope from an Edmonton law firm arrived. It contained the official registration of our BoldRush trademark — completed after 19 months of legal and government processing. It had a splash of colour on three artfully arranged maple leaves. The paper was a little sturdier than normal, since it’s meant to last 15 years.
Take a look at the evolution of BoldRush over the same 19 months.
We discovered that any small or large changes require another full application–same full cost, same timing. Just to change an address will cost fifty dollars. One hundred and fifty if you go through a lawyer.
In business, registration is an endurance event. Cross-training with law is recommended.














