Legal Considerations for Small Business Owners in Edmonton

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Legal Considerations for Small Business Owners in
Edmonton
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• Starting a business is an exciting time. Its a
  chance to pursue a vision or chase a dream while
  providing opportunities for others along the way.
  However, there is much more to consider than how
  to achieve your goals. Youll also need to take
  care of the legal aspects. A small business
  lawyer in Edmonton can help.
• Taking the appropriate steps sets your business
  up to operate legally. At Lypkie Henderson, our
  business lawyers in Edmonton can help you
  navigate these concerns. Here are a few of the
  most important things new small businesses must
  consider.

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• Organizational Structure
• Do you have business partners, or will you
  operate alone? Is a sole proprietorship right for
  you, or should you incorporate? Answering such
  questions about business structure is key to your
  future. The proper structure simplifies
  decision-making, makes responsibilities clear,
  and could help shield personal assets from
  business failures. Creating a business agreement
  thats fair and equitable isnt something you
  should leave in less-experienced hands. Business
  lawyers can help you evaluate each option and
  choose the structure best for your needs.

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• Name and Register Your Business
• Deciding on the name of your business is an
  integral part of starting a company. Not only
  does this identify you to the public, but it is
  also a requirement for registering a business in
  Alberta. It is essential to choose an
  identifiable name while avoiding trademark or
  duplication issues. You must also go through a
  formal registration process for your business.

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• Understand Your Obligations in Employment Law
• You should have an appropriate structure if you
  intend to employ other people in your business.
  However, you must also understand your
  obligations under employment law. Knowing the
  difference between employees and contractorsand
  which you will useis also necessary. Likewise,
  you must consider your responsibilities for
  providing notice and severance packages. Running
  afoul of the law in this area can create
  significant problems for your company.

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• Find Friendly, Competent Help from Business
  Lawyers in Edmonton Today
• Building a solid foundation for your business
  gives it a better chance for success. Speaking
  with a small business lawyer in Edmonton from
  Lypkie Henderson can help you tick all the
  essential legal boxes. After that, you can focus
  on the vital work of running the company. Lets
  start your business off on the right note.