Incorporating can be a big change to a pre-existing business and a bold step for a start-up. It is very important when making such a big decision to know the advantages and disadvantages of operating a corporation vs. a partnership vs. a sole-proprietorship vs. other options. Easy eLaw can walk you through the various business structures and help you determine what the best type is for you and your business.
Sometimes a business is established to achieve a goal and completes their purpose. Other times, a business just can’t succeed in a particular market. When you need to wind down operations, it is important to comply with the various legal requirements or else you can face fines and higher taxes.
Businesses can be sold in more than one way. Most people only consider selling a business by selling all of the assets. Another option is to sell all of the shares, if the business is incorporated. Knowing when to use each method of selling a business can make a huge difference in the final cost (and benefit) of the transaction.
Easy eLaw combines business and law degrees, along with business management experience. Beyond offering core legal services, we offer insight into what is needed to succeed as a business.
Corporations need to maintain an up-to-date Minute Book and essentially all businesses need to file annual reports. Easy eLaw can help you stay organized and compliant with all reporting requirements.