Business Law

Comprehensive legal services to suit your business

At Ackroyd LLP, we understand business. We provide comprehensive legal services to a wide range of business clients across various industries. Our corporate team is knowledgeable and detail-oriented, and will work diligently to ensure your transaction closes on time.

At Ackroyd LLP, we have a soft spot for small businesses and want to see you succeed. That is why we work with you right from the beginning to assist with setting up your business, and will continue to provide legal support as your business navigates new growth opportunities.

Choosing the Right Structure

Establishing your business starts with choosing a business structure that is appropriate for your business given your industry, size of operation and long-term goals. This may be a sole proprietor, corporation, partnership or not-for-profit organization.

Some businesses operate as a sole proprietor, without any formal legal structure. To get started, we can help you register a trade name for your business to ensure your goodwill is protected.

Other businesses are established as corporations. Our corporate team will work with you to determine which jurisdiction you should incorporate in, whether provincially, extra-provincially, or federally. Once we have incorporated your business, we will provide ongoing legal support, such as clarifying the relationship between shareholders with a Shareholders’ Agreement, and determining how the company is going to be managed.

We also have experience establishing all manner of partnerships, from limited partnerships (LP) to limited liability partnerships (LLP), for a variety of purposes. From the registration documents to the Partnership Agreement, we ensure the partnership meets the goals of the partners, that the partners understand their roles and obligations, and that there is a structure in place for effective management of the partnership.

Finally, we have experience establishing not-for-profit organizations. We provide legal advice on the appropriate legal structure, including the form of organization and jurisdiction of registration. Once established, we will prepare bylaws and other policies setting out who can be members of the organization and how the organization will be managed.

Growing your Business

As your business grows, our full service corporate team can assist you with each new opportunity, from financing arrangements, leasing agreements, and sales or purchases of land, equipment or businesses.

For many clients, a commercial lease is one of the most important agreements it will enter into. Our lawyers have extensive experience negotiating commercial leases for both tenants and landlords alike across various types of industries.

And when you are ready to sell your business or purchase another, we want the process to go as smoothly as possible. We will work diligently to ensure the transaction reflects your interests and closes on time.

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