Running a business is already a stressful and highly involved undertaking. There are many ins and outs of one simple business day that can consume a lot of your time and energy. The last thing you want to have to deal with alone is legal issues that are associated with running a business. That’s where First West Law comes in. Our commercial lawyers try to embody the spirit of the Calgary business community by taking a personalized and value-oriented approach to assisting you through commercial transactions. If you’re in need of a commercial lawyer in Calgary, our team can provide the legal services and solutions that align with your business strategy.
Some common endeavours for businesses that normally require legal advice include:
Our business lawyers are acquainted with the various agreements required while carrying out business transactions. We can help you draft and review agreements such as:
Incorporation is an effective process that creates a distinct legal identity for your business, separate from your own as its owner (shareholder). Every business owner receives a share equal to their proportion of ownership when a corporation is created. The key benefit of this process is the separation of owners from their companies. The owners of an incorporated business can't be held personally responsible for debts and so on, through a process known as limited liability protection. The business lawyers on our team make incorporation straightforward and hassle-free.
Corporate restructuring is an effective process to weed out harmful business processes and optimize your operations. It is helpful in situations such as extreme competition, a rapidly changing economy and a financially disruptive incident. The need for it might also occur when the ownership of your company is changing hands. When carried out correctly, it can help you rise above the crisis and improve your balance sheet. Our business lawyers will provide you with reliable assistance and advice to carry out your corporate restructuring in Calgary.
A share sale entails the selling of the company's shares while the corporation itself remains intact. An asset sale is when the buyer buys the assets and goodwill of a corporation. Usually, the corporation is renamed or returns to its number. With asset sales, the new owner has the benefit of beginning with a fresh slate with no history. These transactions are complex in nature, and our commercial lawyers can provide you with advisory and negotiation assistance.
Contracts are a fundamental aspect of business law, and they drive all the processes by making them tangible. Without contracts, you will not be able to protect what you own and carry out your operations. Drafting and reviewing contracts is a procedure that should always be carried out by someone with the right know-how and experience. We can support you with all the steps of the process and ensure adherence to the required regulations.
If you are contemplating any of the above, or any other major business operation that you think might require legal advice, contact one of our Calgary based commercial lawyers at First West Law. Our team also specializes in handling cases related to commercial leasing law.
Our firm has decades of experience in working with a wide range of clients, from family businesses to large corporations, so you are assured that we know how to assist you through your business plan. Whether you’re an established corporation negotiating a major acquisition, or a start-up entrepreneur trying to see your idea come to fruition, we can help you achieve your business goals.
We take a practical and business-oriented approach to helping our clients. We are only interested in providing our services when they are of inherent value to your business. We look beyond the legal consequences of our decisions, considering how our services might help you from a business perspective. We deal on a regular basis with a network of financiers, real estate brokers, insurance brokers, appraisers, accountants, and other business professionals. We are happy to connect you with these professionals if we think it might help your business.
We ensure our clients stay informed about the legalities of commercial law. Some commonly asked questions about commercial law include:
• Why do I need a business lawyer?
Our business lawyers have complete knowledge about their domain; they are able to guide you and help you understand your rights. We can also help you if your employer or an employee has aggrieved you or you have an important business decision to make.
• Why should I consult a business lawyer before starting a new business?
Based on the type and size of your business, our lawyers can advise you on how to begin a new enterprise. The expertise and experience we have acquired over the years makes us uniquely qualified for this.
As a small firm with experience on sophisticated files, our Calgary commercial lawyers are able to provide your business with a high level of expertise at reasonable rates. Our clients are important to us, and we rely on our client’s business success to remain successful ourselves. We make sure to take the time and think about whether what we are offering makes sense for that particular client. Contact us today to discuss your case.