Three ways a good business lawyer sets your startup on the path to success

Just as there are many different types of businesses, there are many different services that fall under the “business law” umbrella. But it’s undeniable that one of the best things you can do when launching your business is to surround yourself with a “cabinet of advisors.” These advisors boast varied expertise in areas your business will need as it evolves and grows. Tarunjeet Gujral and the Gujral Law Professional Corporation look forward to being your legal advisor in Mississauga, Ontario. And with great pride, we introduce you to three ways that talented business lawyers can set your startup on the path to success. 

No. 1: Incorporations

Incorporation represents one of the first decisions you will make for your business. How your business is formed or structured can tremendously impact its growth trajectory and sustainability over the long term. We can advise on options that minimize your risk of personal liabilities and undue tax burden, protect your assets, and support the positive reputation of your fledgling business and its ability to obtain financing better into the future.  

No. 2: Navigating legalese

Legal language is, by its nature, very precise. Even the most savvy “layperson” can be challenged to understand the intricacies and nuances of legal verbiage. It is essential to turn to an experienced lawyer who has the skill to draft essential documents in a way that is both legally sound and makes these documents “bulletproof” against potential unwanted surprises that can bring your business to its knees. For our lawyer, all sorts of complex documents are second nature. We can assist with crafting everything from employment and vendor agreements to NDAs. 

No. 3: Policies and procedures 

Over the life of your business, you will need to adhere to a multitude of different regulations and rules, some of which may be very specific to your industry or sector. We ensure that your compliance with these matters is also airtight and complete. Additionally, we provide considerable Employment Standard Act / HR-oriented guidance when developing your employee handbook. Keep in mind that we lend a helping hand as you need it. So, when there are changes in your business, we are on top of it and can even review documents as you encounter changes to ensure they are up-to-date, relevant, and keeping pace with your business. 

At Gujral Law Professional Corporation, you can also benefit from our team’s considerable real estate expertise as your business potentially outgrows its initial quarters. Likewise, in the event that legal action is taken against your business, our extensive litigation expertise provides peace of mind. It is on your side to achieve a fast and favourable resolution. With foresight and guidance from the get-go, we can minimize these potential risks and challenges to your business. Phone (647) 957-8077 to request your confidential consultation at our Mississauga, ON office today.