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Structuring a Business

Having the right business structure is an essential consideration at every stage in the life of a business. As your business evolves, it is important to determine whether your current business structure is still appropriate or whether another structure would be more appropriate to help you achieve your objectives. Numerous business structures are available, including:

  • Sole proprietorships
  • Partnerships
  • Business corporations
  • Joint ventures
  • Co-operatives

Each structure has its own advantages and disadvantages in setup costs, maintenance costs, tax implications, capital requirements, control, decision-making, liability, and protection. The structure that was appropriate for your business when it began may no longer be appropriate as it grows or expands into new areas or markets. We have extensive experience advising business owners/managers on the appropriate structure for their business at this particular point in its lifecycle. Our Business Law Group will work closely with you and your other professional advisors to help you choose the business structure that best suits your needs.

Mar 13, 2015 | Case Study

Setting Up a Holding Company

The Problem Two shareholders had incorporated a corporation to operate a very successful business. They owned all of the shares of the corporation ...

Jul 01, 2009 | Article

Protecting the Money You’ve Made

John and Jane run a website development business through their corporation, Risk Inc. John and Jane’s business grows and Risk finds itself with significant retained profits. This gives John and Jane the confidence to have Risk branch out into software development.

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