Written by: Shally Malik, DUKE Law Intern
November 20, 2018
Lawyers can help businesses navigate the legal waters associated with being a business owner. Determining whether a business requires a lawyer is often dependent on the complexity of the case. For example, entrepreneurs developing businesses on their own can decide between operating as a sole proprietorship or as a corporation; whereas, businesses with more than one founder may operate as a partnership or similarly as a corporation. The complexities of registering as a corporation opposed to a sole proprietorship can be intimidating enough to warrant the assistance of a lawyer right from the start. However, regardless of the business structure an entrepreneur ultimately chooses, hiring a lawyer can make the process of drawing up legal contracts, leases, buying existing businesses, seeking equity financing and more, much easier.
Free legal information like DUKE Law can help startups, small-to-medium-sized enterprises and social enterprises get over many of the legal hurdles they might face when starting a new business. Still, when more than just general legal information is needed, a lawyer would be able to give customized legal advice that fits the legal situation.
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Sometimes it's hard to translate business problems into legal questions, which is why DUKE Heights BIA made the process as seamless as possible through DUKE Law. From our partnership with Osgoode Hall Law School, we are offering businesses in the BIA this legal information service free of charge. Go ahead, ask your business question with the reassurance that it will be answered by a dedicated team of trained specialists at any time.
Ask your question today at dukeheights.ca/law