Corporate balance scale and legal shareholder agreement contract on a wooden table in a Calgary boardroom

What Should Be Included in a Shareholder Agreement for a Calgary Business?

When two or more people own a business together, a handshake and good intentions can only go so far. Misunderstandings about decision-making, ownership, and what happens when circumstances change are among the most common sources of business disputes. A well-drafted shareholder agreement can help prevent many of these problems before they arise. This article explains […]

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Entrepreneur reviewing share vs asset purchase business documents at a desk in Calgary

Share Purchase vs. Asset Purchase: Which Is Right When Buying a Business in Calgary?

Buying an existing business is one of the most significant financial decisions an entrepreneur can make. Before you sign any agreement, one of the most important questions to resolve is how the transaction will be structured. Two common approaches exist in Alberta: a share purchase and an asset purchase. Neither structure is automatically better than

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Should I Incorporate a Company for My Business?

Should I Incorporate a Company for My Business?

Starting a business comes with plenty of decisions. What should you charge? Who is your ideal customer? Do you really need another software subscription that promises to “transform your workflow”? And eventually, one of the biggest legal and financial questions appears – should you incorporate your business? For many Canadian entrepreneurs, incorporation can be an

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What Is a Personal Guarantee on a Commercial Lease?

What Is a Personal Guarantee on a Commercial Lease?

A personal guarantee on a commercial lease is a legal commitment that makes an individual personally responsible for some or all of the tenant’s obligations if the business cannot meet them. The guarantor is usually the company’s owner, director, shareholder, or another person financially connected to the business. In simple terms, the corporation signs the

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Two professionals shake hands in a bright modern office, symbolizing an agreement or partnership.

Partnership Agreement vs Shareholder Agreement: What Is the Difference?

Starting a business with other people can feel exciting. Everyone is enthusiastic, the ideas are flowing, and nobody wants to ruin the mood by discussing disagreements, exits, or what happens if someone stops doing their share of the work. Unfortunately, “we trust each other” is not a complete legal strategy. Business relationships can change. Partners

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How to Sue a Company?

How to Sue a Company?

Most people do not wake up in the morning thinking, “What a beautiful day to start a lawsuit.” Legal action is usually considered only after emails have been ignored, promises have been broken, and customer service has transferred the same complaint to six different departments. When a company causes financial loss, breaches a contract, delivers

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