Three Signs It’s Time to Contact a Shareholder Agreement Lawyer

Small business owners should have a lawyer on speed dial to contact if legal issues crop up. We will cover some common situations when you might need a lawyer. If you’re looking for shareholder agreement lawyers in Mississauga, Ontario, or a general business dispute lawyer, contact Gujral Law Professional Corporation.

Commercial law attorneys can help with:

• Contracts
• Mitigating risks
• Ensuring compliance

You’re Starting a New Business

Many Canadians dream of owning a business. That said, it’s wise to take your time and set up your business properly. This is especially true if you’re going to have partners, are planning to take out loans, or if other complications can arise. By working with a business lawyer from the get-go, you might prevent arguments before they happen.

It’s especially smart to find shareholder agreement lawyers in Mississauga, Ontario, to draw up ownership documents. Company ownership and the distribution of shares can become a major sticking point for partners and business owners.

Whenever You’re Drawing up Contracts

Before signing a contract, it’s wise to read the fine print and have a lawyer draft and review the contract. Contract law can be quite tricky, and there are many considerations.

Even if a contract doesn’t seem to be a point of contention, it’s still smart to work with a lawyer. Doing so can prevent serious problems and complications later on. On the other hand, if you sign a bad contract, it could weigh you down for years.

When a Contract has Been Breached

It’s possible that someone won’t uphold their end of a contract. In some situations, businesses and other parties may decide not to deliver payments, products, or services as promised. Further, they might be behind schedule, or the quality of the services/products they deliver doesn’t match expectations.

If a contract is in breach, it’s wise to contact a lawyer immediately. This is true even if you’re the party causing a breach of contract. A Lawyer may be able to resolve the dispute or may at least mitigate damages.

In need of a general business dispute lawyer or shareholder agreement lawyer in Mississauga? Contact Gujral Law Professional Corporation at (647) 957-8077.