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Legal Guide: Shareholder Agreement

March 20th, 2010

About:
A Beginners Step-by-Step Guide of “Shareholder Agreement” for Business Owners, Beginners, and Non-Lawyers.

Summary:
This article will be of interest to shareholders of small private corporations and where often some shareholders also act as directors or officers of the corporation. In such a case, the co-operation of all the shareholders is crucial to the success of the business. Although the responsibility of making decisions for a corporation normally is with the directors of the corporation, a shareholder may wish that certain decision making powers be removed from the discretion of the directors and be given to all of the shareholders. This article discusses how a written shareholders’ agreement can protect your monetary investment and thereby work for your business and potentially save you money, aggravation, disappointment, and business failure.

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Legal Guide: Shareholder Agreement

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Legal Guide: Computer Services Agreement

March 20th, 2010

About:
A Beginners Step-by-Step Guide of “Computer Services Agreement” for Business Owners, Beginners, and Non-Lawyers.

Summary:
This article is intended for computer consulting and computer programming companies. In addition, anyone who retains the services of a computer consultant or computer programmer will also find this article of interest and can easily adapt the material to their perspective. This article discusses how a written agreement can protect the consultant / programmer and thereby work for your business and potentially save you money, aggravation, disappointment, and business failure.

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Legal Guide: Computer Services Agreement

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Dental Practice Purchase & Sale FAQ (Ontario, Canada)

March 20th, 2010

About:
Dental Practice Purchase & Sale FAQ (Ontario, Canada).

Summary:
Frequently Asked Questions in the purchase or sale of a dental practice (in Ontario, Canada). If you are a dentist selling your dental practice or buying a dental practice, there are certain tasks that your lawyer and accountant should be doing. This article will focus on frequently asked questions by dentists with respect to purchasing an existing practice. Many of the points discussed will also apply to starting a practice from scratch.

Table of Contents:

  • Why Do I need to speak to a Lawyer ?
  • What Does a Lawyer do in the Purchase of a Dental Practice ?
  • Who Else Should I Speak To ? (e.g.: insurance broker)
  • What are the Costs Involved in Purchasing and Operating a Dental Practice ?
  • How Much Should I Pay for a Dental Practice ?
  • Should I use an Agent or Broker Company ?
  • Can I Bring to My New Practice the Patients I Previously Treated ?
  • How Long Does it Take to Complete the Purchase of a Dental Practice ?
  • What Can I Expect From the Seller ?
  • What Non-Legal Issues Should I Consider ?

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Dental Practice Purchase & Sale FAQ

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Legal Guide: Buying a Restaurant

March 9th, 2010

Summary:
Purchasing a restaurant can be an exciting experience. But, if it is not done properly, it can also be a difficult and expensive experience. Often times the legal issues regarding the purchase of a restaurant can be confusing and difficult to understand. The purpose of this guide is to provide some general tips about the legal steps you should take to ensure that the purchase is completed in a way that provides you with some basic legal protections.

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Legal Guide: Buying a Restaurant

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Forms of Business Organization in Ontario, Canada

March 9th, 2010

Summary:
There are different methods of carrying on business in Ontario, Canada. This articles focuses on the legal characteristics of the three most common methods: Sole Proprietorship, Partnership, and Corporation.

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Forms of Business Organization in Ontario, Canada

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Professionals Involved in the Purchase and Sale of a Business

March 9th, 2010

Summary:
To properly complete a purchase or sale of a business, you will need to obtain professional advice as early as possible from the following: 1) lawyer, 2) real estate agent, 3) accountant, 4) bank manager, 5) anyone else who has knowledge about the business such as a business evaluator, insurance agent, engineer, architect, or consultant. This articles discusses the role of each of these professionals as they relate to the purchase and sale of a business.

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Professionals Involved in the Purchase and Sale of a Business

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Buying or Selling a Business in Ontario, Canada

March 9th, 2010

Summary:
Purchasing or selling a business can be an exciting time. If it is not done properly, it can also be a difficult and expensive experience. This articles discusses some of the key points to making the transaction successful. (Jurisdiction: Ontario, Canada).

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Buying or Selling a Business in Ontario, Canada

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Legal Guide: Commercial Property Lease Agreement

March 9th, 2010

Summary:
A Commercial Property Lease Agreement creates a commercial tenancy agreement between a landlord and a tenant. If you are a landlord and plan to lease your commercial property to a tenant to conduct business, you should have a written lease agreement with your tenant. A commercial lease will cover certain legal issues.

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Legal Guide: Commercial Property Lease Agreement

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Legal Guide: Bill of Sale

March 9th, 2010

A “Bill of Sale” is a legal form that is used when you sell or transfer the ownership of goods such as a car, boat, equipment, furniture, assets from a seller (also called a “vendor”) to a purchaser. If you are purchasing a business and as part of the purchase you are purchasing all the equipment (e.g.: furniture, chairs, office equipment, inventory, and supplies), you should request that the seller (also called the vendor) provide to you a “Bill of Sale”.

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Legal Guide: Bill of Sale

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What is purpose of Last Will and Testament as regards children ?

October 10th, 2008

Video: What is purpose of Last Will and Testament as regards children ?

By: Steven Benmor, B.Sc., LL.B., Family Lawyer

Toronto divorce lawyer Steven Benmor discusses the family law question “What is the purpose of a Last Will and Testament as regards children ?”

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Jurisdiction: Ontario (Canada)

Steven Benmor

(’First Take Live’ video clips courtesy of Dan Carter Productions. Original Broadcast: 17-Jul-2008) About the author: Steven Benmor practices Family Law in Toronto, Ontario, Canada. Visit Steven Benmor’s online Family Law Resource Center for concise answers to many more frequently asked Family law questions, feature articles on Family law topics, dozens of links to other Family law websites, and more at www.benmor.com. The information on this page is for discussion purposes only. It is by no means legal advice or even a statement of the law on this subject. Please do not rely on the accuracy or completeness of this information. Any question or concern elicited by the information on this page should be taken to a lawyer who will consider the facts of each case and the legal remedies available.

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