Toronto Small Business Lawyer

Cost-Effective Solutions for Individual & Small Business Success!

Serving the Greater Toronto Area
and the rest of Ontario

Toronto Small Business Lawyer

Are you a small business in Toronto? Our dedicated small business lawyer specializes in providing comprehensive legal services tailored to meet your needs. From contract drafting and review to business incorporation, corporate financing agreements, business sale and purchase, and franchise agreements, we offer a wide range of services to support your business goals. Our experienced small business lawyer is dedicated to helping businesses achieve their goals and navigate complex legal issues.

We are conveniently located in midtown Toronto, minutes from the Eglinton-Yonge station. Call us 647-300-8391 or click button above to book a FREE consultation.

Business Contracts & Agreements

Negotiating and drafting agreements is a crucial aspect of our profession and we know that operating a business inherently involves continuously creating and executing various types of contracts and other documentation. Clear and up-to-date contracts are essential for businesses as they define roles, rights, obligations, and limitations. Ambiguous or outdated terms can result in misunderstandings and legal conflicts.

Our services include drafting and preparing various types of agreements, as well as reviewing and modifying your existing contracts. We can also review any contracts that you intend to sign and provide you with a clear understanding of their implications. Our business lawyer can assist you with identifying potential issues, ensuring clarity and compliance, drafting and reviewing agreements and negotiating terms while protecting your interests.

Here are some of the agreements we deal with:

Contract drafting, review & negotiations
Commercial Leases
Shareholder Agreements
Franchise Agreements
Employment Contracts
Independent Contractor Agreements
Loan Documentation Review
Partnership Agreements
Service Agreements
Supply Agreements
Asset Purchase and Sale Agreements
Share Purchase and Sale Agreements
Confidentiality Agreements

Incorporation Lawyer

Whether you are starting a sole proprietorship business or restructuring an existing business, we can assist you in customizing a plan that addresses your requirements while avoiding undue complexity. A small business lawyer in Toronto can guide you through the legal requirements of incorporating a business and ensure that the process is legally sound.

Some of our incorporation services are:

Articles & Certificate of Incorporation
Digital Minute Book
Director & Shareholder Resolutions
Share Subscription & Share Certificates
Registers & Ledgers
Corporate By-Laws
Form 1 & Form 2 Initial Returns
Corporate Name Searches
Business Number/Tax Accounts

If you need assistance from a Toronto Corporate Lawyer, contact us today and see how we can help you.

Commercial Financing

Commercial financing deals with providing funding or capital to businesses to support their operations, expansion, or other financial needs. Commercial financing can come from a variety of sources, including banks and private lenders and is a critical component of the business world, allowing companies to access the capital they need to grow and succeed.

Whether you are seeking a bank loan or a home line of credit to acquire a new business or buy new equipment for your business, it is typical for major financial institutions and lenders to mandate that you seek independent legal advice before you sign loan documentation.

During the process of financing, the lenders typically include financing and security documents such as Personal Guarantees and General Security Agreements that need to be reviewed by a lawyer who would inform you on both parties’ rights and obligations under the agreement and benefits and risks of the loan.

The conditions and terms of these agreements might be crucial for you to anticipate your next steps in the future of your business. A small business lawyer in Toronto can help you understand these terms in detail such as the consequences of default in payment and even further negotiate terms of loans and security agreements.

If you need a Small Business Lawyer in Toronto to assist you with your commercial financing, contact us today and see how we can help you.

Toronto Franchise Lawyer

Franchising can be an exciting opportunity for small business owners to expand their reach and increase revenue. However, navigating the legal complexities of franchising can be challenging without the guidance of a small business lawyer. Here are some of the reasons why having a small business lawyer is crucial when franchising your business:

Comprehensive franchise system establishment services
Provide legal advice on the franchise business model
Prepare the Franchise Disclosure Document (FDD)
Register the franchise
Franchise agreement review
Franchise agreement negotiation
Draft the franchise agreement
Legal compliance review
Develop franchisee training programs that comply with legal and regulatory requirements.
Assist with financing
Prepare operations manuals
Assist with commercial leasing or purchase
Assist with franchise sale or purchase transaction

Commercial Real Estate Transactions

Commercial real estate transactions are complex and require meticulous attention to detail. Whether you are buying, selling, leasing, or investing in commercial property, having a knowledgeable and experienced lawyer by your side is crucial. At Insight Law Professional Corporation, we provide comprehensive legal services for commercial real estate transactions, guiding clients through every step of the process.

Our Commercial Real Estate Transactions Lawyer Services cover a wide range of areas:

Assist with purchase or sale transaction
Property acquisition and due diligence
Contract review and negotiation
Lease agreement review or drafting
Lease agreement negotiation
Financing and loan documentation including financing and loan arrangements

Business Lawyer Price List

Startup & Formation

Federal Incorporation

$795 + HST + Disbursements

Ontario Incorporation

$795 + HST + Disbursements

Professional Corporation

$795 + HST + Disbursements

Simple Share Structure
Meeting with Client
Corporate Name Searches
Business Registry
Articles & Certificate of Incorporation
Minute Book

Organization

Articles of Amendment (Business Name)

$395 + HST + Disbursements

Articles of Amendment (Share Reorganization)

$895 + HST + Disbursements

Business Name Registration

$300 + HST + Disbursements

Articles of Amalgamation

$1,500 + HST + Disbursements

Shareholders Agreements

$2,250 + HST + Disbursements

Application for Certificate of Authorization

$245 + HST + Disbursements

New Corporation Minute Book Creation

$550 + HST + Disbursements

Operations & Management

Existing Corporation Minute Book Creation

$850 + HST + Disbursements

Annual Resolution

$300 + HST + Disbursements

Basic Partnership Agreement Review

$950 + HST + Disbursements

Basic Partnership Agreement Drafting

$1,500 + HST + Disbursements

Basic Joint Venture Agreement Drafting

$1,500 + HST + Disbursements

Basic Asset Business Purchase or Sale Agreement Review

$950 + HST + Disbursements

Basic Asset Business Purchase or Sale Agreement Transaction

Starting at $3,500 + HST + Disbursements

Basic Confidentiality Agreement Drafting

$395 + HST

Basic Independent Contractor Agreement

$850 + HST

Basic Employment Contract Drafting

$850 + HST

Basic Non Disclosure Agreement Drafting

$395 + HST

Basic Service Agreement Drafting

$850 + HST

Basic Cease & Desist Letter Drafting

$395 + HST

Employee Handbook

$1,995 + HST

Website Privacy Policy

$395 + HST

Website Terms & Conditions

$395 + HST

Franchising

Franchise Documentation Review

Review of franchise agreement and disclosure document

$1,500 + HST + Disbursements

Franchise System Establishment (Incubation)

Franchise incubation where we take a client with an 'idea' through to the point where they are prepared to start the formal process of legal documentation.

Starting at $3,000 + HST + Disbursements

Franchise System Establishment (Incubation & Documentation)

Franchise documentation where we provide the incubation and preparation of the Franchise Code Compliant franchise agreement and disclosure document and any other requested documents such as operations manual and development of franchise marketing & recruitment policy. Contact us for a detailed quote for your circumstances.

Starting at $10,000 + HST + Disbursements

Financing

General Security Agreement Registration

$950 + HST + Disbursements

General Security Agreement Drafting

$2,000 - $4,000 + HST + Disbursements

Business Exit

Articles of Dissolution

$1,250 + HST + Disbursements

Basic Share Purchase or Sale Transaction

Starting at $2,150 + HST + Disbursements

WHAT MAKES OUR FIRM DIFFERENT

Why Choose Insight Law Professional Corporation

Professional

We're dedicated to providing friendly and knowledgeable service to ensure a positive experience for all our clients and achieve the best possible results in every case.

Client Focused

We prioritize client satisfaction and take a personalized approach. By attentively listening to our clients, we develop tailored solutions to meet their unique requirements.

Transparent

Our fixed prices and hourly rates are visible upfront. Most of our add-ons are fixed line items. Because honesty is the best policy, saving time on both sides.

Flexible

We understand that our clients may be busy and may not be available during normal working hours. We are happy to work with you to find a time that suits your needs.

WHAT PEOPLE SAY

Client Testimonials

GET ANSWERS

Business Law Frequently Asked Questions

What Is a Corporation?

A corporation is a legal entity which has its own legal personality that is separate from its owners and people who operate its affairs and business. Corporations are formed of shareholders, directors, and officers. Corporations have the rights and privileges that a natural person enjoys such as entering binding contracts, owning property or borrowing money. Related Blog Post: What is the right structure for my business?

What Is the Difference Between Shareholder and A Director?

Shareholders are those who hold company shares. Voting rights in a corporation are attached to these shares. Shareholders have control over the corporation however they do not directly manage the corporation. They exercise their power of control by making major corporate decisions. Shareholders elect directors to run the company with their best interest in mind. A director’s role is focused on the day-to-day operation of the business such as signing business contracts.

Do I Need a Lawyer to Incorporate My Business?

If you already started searching for the answer to this question on the internet, you might have seen information on the 2-step process of incorporating and many online platforms that would incorporate your business for very low fees. However, most online companies or platforms usually help you with step 1 of incorporating your business. While the first step only includes Articles of Incorporation and their filing and issuance with the Ministry, step 2 is only done by lawyers. Without step 2, your business is not considered incorporated and risks dissolution. Contact us if you need more info and a Toronto Business Lawyer.

Why Is It A Good Idea To Get Contracts In Writing?

Having a contract in writing gives each party the opportunity to fully understand their rights and obligations under the contract. As a party to the contract, you can also identify any issues or ambiguities in the contract with assistance from a business lawyer. In most cases, it provides a mutual understanding and interpretation of the terms of a legally binding relationship.

What Are the Elements That Each Contract Should Include?

For an agreement or contract to be legally binding, there are certain essential elements that must be present in all contracts. These are capacity, offer, acceptance, consideration, mutual agreement, and legality.

Do I Need a Lawyer to Get My Contract Drafted or Reviewed?

Even though it is not mandatory, it has many advantages in understanding your rights and obligations outlined in a legally binding contract. Many people use online sources to draft and generate business agreements without fully understanding the terms and conditions. Most of these contracts include generic clauses and boilerplate clauses that might risk your business massive liability if you are not familiar with the legalese. A Toronto Business Lawyer can help you fully understand your rights and obligations under a contract or draft one that suits your business needs.

What Is the Difference Between Asset Purchase and Share Purchase?

There are two main ways of buying or selling a business: an asset purchase or a share purchase. The key difference between the two is what is being bought and sold. In an asset purchase, the buyer purchases specific assets or parts of the business, such as inventory, equipment, customer lists, and goodwill. In a share purchase, the buyer purchases the ownership interest in the business.

Do I Need a Lawyer for Commercial Financing?

Before signing loan documentation, many major financial institutions and lenders will typically demand that you seek independent legal advice. The loan will typically necessitate several General Security Agreements (GSA), personal guarantees, and Personal Property and Security Act (PPSA) registrations against your personal or business assets.

What is a Personal Guarantee on a Business Loan or Commercial Lease?

Most small business loan lenders require a personal guarantee to be signed by the borrower. A personal guarantee is an undertaking by a borrower to repay a business loan using their personal assets if the business defaults. A personal guarantee is also required in certain commercial lease transactions by landlords, which means this could imply that the individual's personal assets could be taken over if the business fails to generate sufficient revenue to cover the lease payment.

NEWS & ARTICLES

Latest Business Law Articles

Toronto Small Business Lawyer

Cost-Effective Solutions for Individual & Small Business Success!

Serving the Greater Toronto Areaand the rest of Ontario