BUSINESS & CORPORATE
At WARDS LAWYERSPC, we work hard to establish trusting, long-term relationships with our corporate and business clients. Our objective is to provide our business clients with the guidance they need to achieve continued profitability and efficient operations
BUSINESS & CORPORATE
At WARDS LAWYERSPC, we work hard to establish trusting, long-term relationships with our corporate and business clients. Our objective is to provide our business clients with the guidance they need to achieve continued profitability and efficient operations
WARDS LAWYERSPC IS YOUR TRUSTED PARTNER IN NAVIGATING YOUR LEGAL NEEDS
If you’re an entrepreneur, small business owner, or a company eyeing international expansion, our team of business lawyers can provide comprehensive solutions for all of your business needs. WARDS LAWYERSPC offers expertise in a wide variety of business law issues, ranging from the establishment of new enterprises, business acquisitions and sales, reorganization of existing structures, mergers with other businesses, to adapting your business in response to evolving economic conditions.
WARDS LAWYERSPC stands ready to assist with diverse challenges your business may face, whether it’s navigating contracts, ensuring regulatory compliance, or safeguarding intellectual property rights. Our team provides valuable assistance and advice tailored to your specific requirements.
Our services encompass informed advice for crucial company decisions, strategic planning, support during negotiations and contract disputes, end-to-end business planning solutions, representation throughout mergers and acquisitions, and ongoing legal guidance to safeguard your business’s financial health.
Should you require the expertise of a business lawyer, reach out to us today to schedule your initial consultation. Additionally, explore our Employment Law section for advice and guidance on employment-related business matters. At WARDS LAWYERSPC, we are committed to supporting your business every step of the way.
INCORPORATION
There are three main ways to structure a business: sole proprietorship, partnership, or corporation. Incorporating your business is a popular choice due to its benefits, including liability protection and potential tax advantages.
A corporation is a separate legal entity with its own legal personality, distinct from its owners (shareholders) and those who manage the business (directors and officers).
In Ontario, when you choose to incorporate provincially, you must file Articles of Incorporation with the Companies and Personal Property Security Branch of the Ministry of Government Services. For federal incorporation, Articles of Incorporation are filed with the Corporations Canada Branch of the Department of Industry. The filing requires a fee, and the Articles must meet jurisdictional requirements.
The Articles of Incorporation outline key details, such as the corporation’s registered office location, share structure, shareholder rights, corporate directors, share transfer restrictions, and the type of business conducted.
SUCCESSION PLANNING
For many business owners, their business is their primary asset, yet many fail to plan for an orderly business succession. Whether you’re looking to sell or transfer control to the next generation, we have extensive experience guiding business succession.
At WARDS LAWYERSPC, our team of business lawyers understand that the most effective succession plans are transparent, fair, flexible, and prepared well in advance. We assist in addressing the needs and abilities of prospective buyers, family members, their new roles, and any potential disputes.
By working closely with you, we’ll help create smooth, tax-effective business transitions that ensure your business remains profitable for new owners and future generations.
CORPORATE TRANSACTIONS
If you are planning to purchase an existing business or a business franchise, or if you are looking to sell a business to a new owner, you need an experienced lawyer to help ensure that the resulting transaction proceeds in line with your long-term best interests.
We will help you with:
- Drafting and reviewing purchase and sale agreements and franchise agreements
- Performing due diligence on financial statements and representations
- Closing asset purchases under the Bulk Sales Act
- Closing share and asset purchase transactions
- Reviewing business contracts and partnership agreements
- Drafting, reviewing and negotiating financing agreements
In addition to handling the purchase or sale of a business, WARDS LAWYERSPC can also assist you with other business transactions, contracts and documentation. From incorporation and business formation, to contracts with vendors and suppliers, we can help you with the transactions and contracts that affect your business every day.
BUSINESS REORGANIZATION
At WARDS LAWYERSPC, we work with business owners to determine the best choice of entity for a new business, as well as to restructure an existing business. We can walk you through the pros and cons of the different business structures that are available and explain what will likely happen down the road depending on the choices you make.
To determine the best entity for a business, it is important to look at the structure of management, the roles for investors, the anticipated size, where revenue streams will come from, the tolerance for personal liability and any succession or exit strategy.
We can also help you draft or review a shareholder agreement, operating agreement, partnership agreement or buy-sell agreement.
TRADE-MARKS
A trade-mark is a name, symbol, logo, or brand name that distinguishes your goods and services from competitors. It can be words, logos, or a combination of both, allowing customers to easily recognize your products or services in the marketplace.
Creating and protecting your trade-mark is essential. At WARDS LAWYERSPC, our team of business lawyers offer expertise in trademark law to ensure your trade-mark is properly protected and meets your business needs. Trust our experience to safeguard your brand identity.
meet your business & corporate team
business & corporate BLOG POSTS
WHAT’S IN A NAME? PROTECTING YOUR BUSINESS NAME IN CANADA
BUYING OR SELLING YOUR BUSINESS? MAKE SURE IT’S A SMOOTH RIDE
SHAREHOLDERS’ AGREEMENT: AN ESSENTIAL INGREDIENT IN THE FAMILY SUCCESSION PLAN
PARTING WAYS AND PARTITIONING PROPERTY – WHAT HAPPENS TO PROPERTY ON A BUSINESS PARTNERSHIP DISSOLUTION
Now is the best time to get started
Your journey to peace-of-mind starts with reaching out to us for assistance. Give us a call or email us today so that we can get to work for you.
