You may think that you can’t afford to hire a lawyer; however, legal counsel could be invaluable to your business. It is less expensive to retain a lawyer up front and have your legal work done properly than to hire a lawyer later on to fix problems that may have arisen from that lack of legal knowledge. Sometimes things can appear to be straightforward, but legal transactions are often more complex than they seem.
Pihl Law Corporation offers personalized legal services for your small businesses. There are many things we can do to help you run your business smoothly. From setting up the business structure, employment matters, to selling your business, we are here to help you ensure your business is a success.
Choosing the appropriate business structure is essential to the protection and success of your business. Your options range from sole proprietorships, to partnerships, to limited or incorporated companies, to co-operatives. Our lawyers can help you choose the correct form of business structure, based on the number of people involved, the type of business, any tax issues or liability concerns and the financial requirements.
At Pihl, we can also draw up the necessary legal documents to set out the terms of any partnership or other shared ownership. This will help ensure that all parties will be treated fairly, and that there is a mechanism for handling any disputes or disagreements. We can assist you with declaration & registration of sole proprietor or partnership; partnership & operating agreements; and the registration of your business name.
Our well experienced lawyers can help you set up or reorganize your business to protect your assets and to maximize your growth.
We provide invaluable advice to you when drawing up legal contracts such as:
Operational & Employment Matters
There are also operational and employment issues which often arise when operating a small business. At Pihl, we can draft employee & contractor agreements; customer & service agreements; non-competition & non-solicitation agreements; confidentiality & non-disclosure agreements; and loan, security & financing agreements.
You may be inclined to take out a lease for your premises. However, leases can be one of your largest expenses. Make sure that your lease will be suitable to your business needs, in case you wish to break your lease or expand your business. We can conduct a thorough review of any commercial lease. Our lawyers can give you advice on any pitfalls or costs that may be associated with the lease, before you sign on the dotted line.
If you plan to seek equity financing for your business, it is important to contact us to help you draw up the terms of the shareholder agreement and/or to review the legal documents provided by a potential investor. Our lawyers can also help you assess the impact of any new shareholder agreement or other obligations and existing contracts with employees, suppliers or financial institutions.
Purchase & Sale of Business
The purchase or sale of a business can have significant risks and complications. Our lawyers can help you protect your interests from unknown and contingent liabilities. We can provide assistance with preparing purchase & sale agreements; lease review and assignments; financing & security agreements; determining buyer / seller considerations & liability issues; reviewing contracts & obligations of the business; asset leases & rental agreements; franchise or licensing agreements; and registrations & searches.
Besides the above noted situations, there may be other situations that can arise such as employee problems or conflicts; disagreements between business partners; protection of intellectual property; environmental complaints or concerns and/or closing your business.
Anytime you are unsure about the legality of something, or if the legality of your business practices is questioned, be sure to get the advice of one of our lawyers.
At Pihl we are here to help you with all your small business needs. A little diligence goes a long way when it comes to protecting the interests of your small business. Contact us for any questions you have regarding your small business and we can help.