Trusted Business Lawyers in Toronto
Starting your business off on the right foot requires proper guidance and help to get all your legal paperwork in order. Picov & Kleinberg Law is here to smooth out all necessary legal decisions and get your business going without running into future legal tussles due to non-compliance. With our 46 years of experience, our legal advice is tuned to whatever your business in Toronto or the GTA may need.
There are various kinds of business incorporations - you could opt for an LLC (Limited Liability Company) or a partnership. We understand the nature of different business types in the GTA and advise you accordingly to avoid any future problems. When a business is incorporated, sold, or bought, it requires compliance forms, drawing up legally binding contracts, and agreements between stakeholders. Picov & Kleinberg Law, our business lawyers in Toronto, can provide you with complete hands-on business legal services so you can focus more on running your business operations.
Our Business Law Services
At Picov & Kleinberg Law, we offer practical legal advice and assistance to business owners. You can seek our help if you are looking for legal advice to keep your business running smoothly. Our legal services to businesses also include the purchase or sale of a new business. You can trust our Toronto-based business lawyers for the following services:
INCORPORATING A NEW BUSINESS
Are you planning to start a new business? Before taking a step ahead, it is crucial to formalize a business structure. Our lawyers are experienced in structuring new or existing businesses to allow you to grow and expand your new venture.
SHAREHOLDER AGREEMENTS
It is unlikely for any business to run without a legal agreement. Our team of experienced business law professionals can create and execute multiple documentation and agreements. We prepare shareholder agreements to help you operate your business efficiently.
DOCUMENTATION FOR BUYING A BUSINESS OR FRANCHISE
When it comes to buying a new business or a franchise, it can be exhausting and complex at the same time. You need to consider a variety of legal clauses associated with it. You can rely on us for a smooth and efficient business and franchise transaction process.
DOCUMENTATION FOR SELLING A BUSINESS
Selling is equally overwhelming as buying a business. Our business lawyers have the specialized experience and skills to ensure that your rights are protected during the process.
REACHING A FORMAL BUSINESS AGREEMENT BETWEEN PARTNERS
We can create customized formal business negotiations between you and your business partner. We draft agreements in a simple and descriptive manner so that it is easily understandable. If you already have a drafted agreement, you can bring it to us for review.
REVIEWING A NEW LEASE AND LEASE RENEWALS
It is always advisable to hire a professional and experienced business lawyer to review your new business lease or renewal as the lease contains many intrinsic legal details. We can help protect your rights against the landlords when needed.
FAQs
The following are some questions our business lawyers in Toronto answer frequently:
What’s a Partnership?
As the term suggests, this is a legal arrangement where two or more people come together to use their resources to establish a business. In partnerships, all the members share the responsibilities of the business, including debt. In these arrangements, the members can legally bind each other without any approval, which is why it is recommended you exercise caution while choosing a partner. We advise you to discuss your concerns about potential partnership agreements with our experienced lawyers.
A partnership can have numerous benefits. It is incredibly easy to create and doesn't cost a lot to launch a business under it. While you share authority, you also divide responsibilities.
What’s a Sole Proprietorship?
A sole proprietorship is a straightforward model. As a sole proprietor of a business, your company is owned only by you. On top of that, all the responsibilities, including the debt, fall on you. Generally, your business and personal possessions can be claimed if a debt must be fulfilled. While this arrangement comes with greater responsibility, it also allows maximum control over the financial planning and the decisions. You own all the profits, along with the tax advantages.
Why Should I Incorporate My Business?
The primary advantage of incorporating your operations is personal protection from unlimited losses. If your business loses money, you will not be held responsible personally.
Do you have any more questions for us? Please send them to us, and we will reply shortly. Besides this, we can also help you with wills and estate law.
WHY SHOULD YOU HIRE OUR BUSINESS LAWYER IN TORONTO?
For business owners or partners, operating a business comes with many government statutes. Hiring our business lawyer in Toronto can help you with a variety of legalities associated with partnerships and proprietorships. Apart from that, we can also help you with business contracts and agreements.
Picov & Kleinberg Law can help you with all the legal issues that might arise in your business, along with the anticipated future issues. We make sure to provide you with professional legal advice so that your case is fairly represented.
Contact Us
We understand that handling various legal aspects of your business can be overwhelming. Whether it’s a new or existing business, various legal documentation should be the least of your worries. Let us take care of all the legal aspects so you can take your business to the next level with confidence. Give us a call at Picov & Kleinberg Law. We can also help you with other areas of law, such as real estate and corporate law.
