Starting your own business?
Get the legal aspects in place
Incorporation
Assets Purchases & Sales
Shareholder & Partnership Agreements
Franchise Review
Tax savings and paperwork for business growth
Starting a business can be daunting with many areas to deal with. We take care of the legal niceties for you
Should you incorporate your business?
Most businesses find it beneficial to incorporate. It is best to declare at least two classes of shares (voting and non-voting). Depending on your circumstances, you may wish to issue non-dividend paying shares as well. Administering such shares early in your business can result in tax savings as your business grows.
What are some important legal documents you should have?
It is important to create the operating and borrowing bylaws, as well as to setup and maintain the corporate minute book. These documents are often required whenever the business is involved in loans, refinancing, and sale of shares or assets.
How should you approach contracts with other parties?
Franchise and lease agreements may involve power imbalances between you and the contracting party. With tens of pages of carefully worded legal provisions to consider, it’s important to know what you’re signing up for. Terms in the agreement can be negotiated to save you money, protect your investment, and reduce your risk. Avoid legal pitfalls early rather than paying lawyers to get you out of them later.
What is the legal business practice if you have partners?
At some future point, you or your partners will want to either transfer ownership or wind up the business. Shareholders and partnership agreements set out the expectations between the business owners during the lifespan of the business, including handling disputes and setting out procedures for selling ownership control. It is easier to address these issues at the beginning of a business rather than later.
Consultations
Active Clients
Wills & Estates
Years
How Mathew & Gupta make a difference.
In one word, experience.
We work closely with you
At M&G, we help you reduce tax liabilities, navigate paperwork, and, most of all, spot and evaluate hidden risks.
We always provide a free initial consultation to discuss your concerns before being retained. We discuss the pros and cons of retaining a lawyer (sometimes it’s not required). We offer flat fee options so that your legal bill doesn’t get out of hand.
We want to be your lawyers for life and that means doing our best to ensure you succeed.
Finance, operations, marketing, recruitment… sure. But get the legal work in place first!