Business and Corporate Law covers a wide range of topics, such as: choosing the form of a business; buying, selling or closing a business; raising capital for a business; and entering into business contracts and resolving contract disputes.
When you start a business, you have to choose what type of structure or form to use for operating that business. There are many factors to consider when deciding what form will work best for you. Depending on your needs and goals, you may choose a sole proprietorship, a partnership, a corporation or limited liability company, or a non-profit corporation. Depending upon which structure or form you choose, you may have to follow specific steps before you can begin to operate your business.
Whether starting, buying, selling or running a business, businesses deal with contracts. These can be formal written agreements, casual oral promises, or ‘handshake’ deals. A contract is an agreement between two or more parties that commits the parties to do or not do certain things. This agreement can be enforced by a court. Business owners need to have a basic understanding of contract law, including how to enter into a contract, the meaning of important contract terms, what makes a contract enforceable, and what to do if one of the parties refuses to hold up its end of the deal.
When hiring a business lawyer, you shouldn’t’ leave anything to chance. Make sure that your business lawyer has the experience and skill that your business requires. At LawyerSelect, we handpick all the lawyers by conducting a thorough background check, ensuring that the business lawyer is qualified in all areas of federal and provincial business law, and has the experience necessary to properly assist you in your matter.