Solid Advice For Buying Or Selling A Business

Whether you are buying or selling a business, it is important to factor in all the considerations that go into opening or closing a business. What type of business structure should you choose? Should you sell assets or shares? These are just a few of many questions a business owner faces.

At Ball & Berljawsky, our real estate and business lawyers have advised business owners in Mississauga and surrounding areas since 1994. Our lawyers will advise and direct you to the options that best suit you and your company.

Starting A New Venture

When planning to start or buy into a business, you have to decide on the right type of business structure for you. The choice is important, as the form of the business you choose will also inform the tax consequences and liabilities of your new venture. The choice of business entities includes:

  • Partnerships
  • Sole partnerships
  • Corporations

Our lawyers can help you make an informed decision by assessing your business goals, and explaining your options. We will explain the tax consequences and liabilities for each business structure, so that you can make an informed decision. Our aim is to provide solid legal advice that is tailored to your specific situation.

We also write business agreements for our clients, including:

  • Agreements for the purchase and sale of a business
  • Shareholder agreements
  • Joint venture agreements

Guiding Clients Through Business Transactions

When selling a business, owners need to consider whether it is more beneficial to sell assets or shares. The seller’s decision triggers tax consequences. That’s why it is important to be informed what those consequences are and how to structure the sale to trigger lower taxes.

Our lawyers have the knowledge and skills to advise you about the most optimal path to selling your business. One of our senior lawyers was a business lawyer at a major Bay Street law firm in Toronto and is able to offer this valuable experience to clients when advising about their transactions. We can provide you with sound legal advice to ensure you make informed decisions about the sale of your business.

Schedule An Appointment With Us

We look forward to assisting you with your business matter. Contact us today by calling 289-628-1601 or use our online form to reach us.