Part of running a successful business is understanding and managing your legal risks. The best way to do so is to seek the advice of strategic and forward-thinking corporate lawyers at regular intervals throughout the growth and evolution of your business.
We help our clients navigate the complex legalities of operating a business in Ontario, identify and mitigate legal risks, craft strategic plans for moving forward, and more. We pride ourselves on building strong, lasting relationships with each of our clients, and working with them on stand-alone matters, or on an ongoing basis to address all their legal needs as their businesses expand.
We regularly advise lawyers, paralegals, dentists, doctors, accountants, and other business owners operating as professional corporations on matters specific to such entities, such as business continuity and succession planning.
If you are starting a new business, NULaw in Toronto can help you decide which business structure best suits your needs, whether it is through incorporating your venture, creating a sole proprietorship, or creating a partnership. We will also walk you through the steps of preparing your articles of incorporation and minute book, and we can draft all relevant contracts as well, such as resolutions, minutes, and shareholder agreements.
In addition, if you need to amend or wind-up your business, we can help you prepare articles of amendment or articles of dissolution.
At NULaw, we regularly advise clients who are seeking to sell their business, as well as those who are seeking to acquire a business. If you are selling your venture, whether as the result of a divorce, or due to other circumstances, we can help you determine the best sales strategy, prepare the business for the sale, prepare an asset or share-purchase agreement, help you maximize your business’ value, and ensure a smooth and efficient transaction.
If you are considering purchasing a new venture, we can assist you with all aspects of your acquisition, including ascertaining the value of prospective targets, securing financing for your acquisition, negotiating the terms of purchase, conducting all necessary due diligence, and helping you obtain the best deal.
A professional corporation is a corporation providing professional services that is regulated by a governing body such as the College of Physicians and Surgeons of Ontario or the Law Society of Ontario. This is the business model often chosen by lawyers, paralegals, doctors, dentists, accountants, and other regulated professionals.
At NULaw, we have extensive experience assisting such business owners with all of aspects of their day-to-day functioning. As business owners ourselves, and members of a regulated profession, we understand the challenges other business owners face.
We regularly assist our clients with all stages of the evolution of their professional corporation: preparing partnership agreements, incorporating professional corporations, advising on employment obligations and contracts, and assisting in obtaining a certificate of authorization. We also assist clients with preparing a succession plan for their practice, which is essential in ensuring the continuance of the business for the benefit of clients and patients.
The value of a well-drafted contract will often not reveal itself until one party attempts to breach it, which may not happen until many years into the relationship. At NULaw, we have helped hundreds of local businesses draft and negotiate contracts with an eye to avoiding problems that might arise far into the future. We are available to assist you with all relevant contracts, both internal and external.