Perhaps you are thinking about starting your own small business in Muskoka or you are growing your tiny operation to a bigger one. From choosing a business name, the perfect location, hiring staff, and creating a business plan, there are quite a few things that you can tackle on your own (or perhaps with a little professional guidance to get you started). However, when it comes to things like your business structure or even the contracts you use with your employees and clients, it’s likely a good idea to seek the help of a lawyer who specializes in corporate law.
What is a corporate lawyer?
A corporate lawyer, simply put, is a legal professional who specializes in laws that affect businesses. Basically, corporate lawyers ensure that a company’s processes, staffing, sales and other commercial transactions are legal and provide advice and guidance regarding both their legal rights and their legal responsibilities.
When do I need a corporate lawyer?
There are a few specific scenarios in which a company will need to seek the advice, guidance and services of a corporate lawyer. Any environmental issues that your business may encounter will need to involve a lawyer who specializes in corporate law. Likewise, any legal issues with employees (either former, current or potential) or negotiating the sale of your company or a merger with another company will also need to have a corporate lawyer in the mix.
Why should I connect with a corporate lawyer sooner than later?
Although it’s essential to work with a corporate lawyer if one or more of these types of issues were to arise in relation to your business, being proactive is the best approach. Working with a corporate lawyer who can provide guidance concerning your business structure, the contracts you use and the policies and procedures you have in place will help to protect you against any potential liability and can even prevent these types of issues from occurring in the first place (which will help you avoid any major headaches and unneeded stress and expense).
What should I look for in a corporate lawyer?
When deciding which corporate lawyer is best for your business, there are a few things to consider. First, you’ll want to choose a lawyer who currently practices and specializes in corporate law, and who is up-to-date on all legislative changes. It’s also a good idea to try and find someone who is knowledgeable about your specific industry – if possible. Finally, finding a corporate lawyer who practices in the same area in which your business is centred is a major plus – as this means your lawyer will have a unique understanding of the community and any specific municipal by-laws that may be in place.
At Ares Law, we specialize in providing businesses in Bracebridge, Parry Sound, Gravenhurst, Huntsville and the greater Muskoka area with the expert legal counsel needed to protect your business and ensure that it is operating according to the letter of the law. If you have questions about corporate law and how we can assist you, connect with us today at (705) 645–8743; let’s get that business booming!