Burlington Partnership Lawyer

Whereas business arrangements between two or more parties where there is a sharing of the business and profits arising therefrom can constitute a partnership [see the Partnership Act (Ontario) for more specifics thereon]. As such, it is important that your business relations are clearly outlined in written agreements, such that your partnership is properly structured to optimize your business objectives (and where it is not intended to be a partnership, that this distinction is clearly established).

Setting out your business targets and arrangements in a written partnership agreement is extremely important to the long-term to the success of your business and your relations with your fellow business partners. Not only is the written document intended to provide for operational directions and profit distribution parameters, it also provides for various exit strategies. And even though you may not be considering exit strategies and buy-out provisions when you are only getting the partnership off the ground, as an experienced lawyer knowledgeable in this particular field, exit strategies play an incredible role in the future of the partnership and maximizing the attainable valuable of each partners interest in the partnership.

For knowledgeable and experienced legal representation with respect to business partnerships, contact Burlington partnership lawyer Christopher R. Neufeld at 905-616-8864 or Chris@BurlingtonBusinessLawyer.ca.

Burlington Business Lawyer Christopher R. Neufeld is a corporate attorney admitted to practice law in both Ontario and Alberta (Canada) and New York (U.S.A.). Christopher's legal practice focuses primarily on business law, in particular corporate commercial transactions. The law firm of Neufeld Legal Professional Corporation is headquartered at 719 Catalina Crescent, Burlington, Ontario L7L 5B9, and as such is in immediate proximity to downtown Toronto, Mississauga, Hamilton, Oakville, Brampton, Milton, Guelph and Kitchener Waterloo. COPYRIGHT 2009-11.

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