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, WARDS LAWYERSPC is your comprehensive solution for all business legal needs. Our expertise cover 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 generally three ways in which you may carry on a business: as a sole proprietorship, a partnership, or a corporation. Incorporating your business is very common, for good reasons.
A corporation is a legal entity that has its own legal personality, distinct from its owners (called shareholders) and the individuals who manage and run its affairs and business (called directors and officers).
When incorporating provincially in Ontario, Articles of Incorporation are filed with the Companies and Personal Property Security Branch of the Ministry of Government Services (formerly the Ministry of Consumer and Business Services). Federal Articles of Incorporation are filed with the Corporations Canada Branch of the Department of Industry. The appropriate fee must be paid (outlined below) and the Articles of Incorporation must conform to the requirements and form used within the relevant jurisdiction.
The Articles of Incorporation contain information such as where the registered office of the corporation is located, the share structure of the corporation, the rights, privileges and conditions attached to each class of shares, the number of corporate directors and the restrictions, if any, on the transfer of shares and the type of business conducted by the corporation.
SUCCESSION PLANNING
For most business owners, their business is their primary asset. Unfortunately, many business owners do not plan for the orderly succession of the business.
Whether it’s time to sell or transfer control from one generation to the next; we have extensive experience assisting with the transition of a business.
We understand that the most effective succession plans are, transparent, fair, flexible and prepared well in advance.
At WARDS LAWYERSPC, we will help you address the different needs and abilities of prospective purchasers, family members, their new roles, departures, and disputes.
Working with you, we will help prepare for smooth, tax-effective transitions and help your business remain 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 or symbol, like logos and brand names that help to distinguish the goods and services of others.
It must be capable of distinguishing your goods and services from those of your competitors. It can be words, logos or a combination of both. A trade-mark is any mark that distinguishes a product or service provided by one company from products or services provided by others. A trade-mark enables customers to easily recognize and identify your goods and/or services in the marketplace.
The creation and protection of your trademark is very important – trust our expertise and experience in this area of law. We will help you to ensure that your trade-mark is protected and meets your business and other needs.
meet your business & corporate team
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.
