Disputes are inevitable in business. When they come up, it might seem like going to court for a resolution is the best or only option. But, did you know there are alternatives to traditional litigation that can save your Alberta-based company time, money and stress?...
Business Law
Determining the right purchase price for your business
When it comes to selling your business in Alberta, setting the right purchase price is crucial to attracting serious buyers and closing the sale. However, it can be quite complicated, so it can help to know where to start. Assigning value Valuing a business is both an...
Are you and your business ready for the next 10 years?
As a small business owner, you probably would love to be able to predict the future. However, because we can't, you will need to explore other approaches to setting your business and yourself up for success in the coming years. For instance, what do you want to happen...
Should I incorporate my business?
If you are starting a business, one of the first and most important decisions you must make is choosing a business structure. There are many different types, including corporations. Know the benefits Incorporation is just one option for setting up your business. There...
What to know about the removal of a director
A corporation's board of directors is supposed to protect the interests of shareholders. If situations arise where that is no longer happening, removing one or more directors may be necessary. Knowing some essential elements of the removal process can help all parties...
Resolving shareholder disputes
Shareholders have rights and responsibilities, which can vary based on the agreements and the type of shareholders they are. They can also run into some complex disputes when it comes to filling these roles and carrying out their duties. Common sources of shareholder...
Increasing the value of your business before selling
There comes a time for many owners to start a new venture or retire, and selling their business marks the next chapter. If you are thinking about selling your business in the not-so-distant future, one important priority is to maximize the company's value. There are...
What the global tax rate means for Canadian companies
Recently, over 130 countries reached an agreement regarding a global corporate tax. These efforts aim to prevent corporations from shifting tax revenues and profits from countries with lower tax rates, keeping them in their home countries. This change will affect...
Protecting your company from exiting shareholders
Shareholder agreements are crucial in preventing disputes involving and between shareholders. They can break deadlocks, assign rules for majority and minority decisions and assign duties to shareholders. Establishing these rules in an agreement can make it easier to...
Assessing the culture of a business you may buy
Buying a business is a highly complicated and intricate process. Often, parties in these transactions are focused on the numbers: a business's liabilities, profits and valuations to determine whether they want to buy the company. However, one area that sellers and...
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Award-Winning Service
PMR Law have been named the winner of the Business Law Firm of the Year 2017 Canada by CV Magazine and the Global 100 Excellence Award as Firm of the Year (Litigation Counsel) Canada. These awards are much appreciated by the firm. In everything we do, we strive to provide the best service for our clients.