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Commercial Lease Review: What Calgary Business Owners Should Check Before Signing

Commercial Real Estate Law / Steve Dimic

Signing a commercial lease is one of the biggest commitments a business makes. It locks a company into years of fixed obligations, sets the tone for daily operations, and shapes how easily the business grows or relocates. Many owners focus heavily on monthly rent, since it’s usually the largest recurring cost. But rent is only […]

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When Should a Calgary Business Consider Corporate Restructuring?

Corporate Law / Steve Dimic

Every business reaches a point where the structure that worked at the start no longer fits where the company is now. Ownership arrangements shift, financing needs change, and agreements that once made sense can become outdated. When this happens, owners often ask whether it is time to reconsider how their company is structured. Corporate restructuring

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How to Add a Shareholder to a Corporation in Canada?

Corporate Law / Steve Dimic

Adding a shareholder to a corporation may sound as simple as entering a name in a corporate record book and handing over a share certificate. Unfortunately, corporate law rarely rewards optimism with simplicity. A new shareholder receives legal and financial rights that can affect voting, profits, control, taxation, and the future sale of the business.

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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?

Business Lawyer, Corporate Law / Steve Dimic

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?

Corporate Law / Steve Dimic

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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How to Dissolve a Corporation in Alberta?

Corporate Law / Steve Dimic

Closing a corporation is not quite as simple as turning off the lights, cancelling the Wi-Fi, and declaring, “Well, that was fun.” A corporation is a separate legal entity, which means it continues to exist until it is formally dissolved. Even if the business has stopped operating, has no customers, and has not earned a

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Should I Incorporate a Company for My Business?

Incorporation Services / Steve Dimic

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 to Look for in a Commercial Lease?

Commercial Real Estate Law / Steve Dimic

Signing a commercial lease can feel like an exciting milestone. You have found the right location, imagined your sign above the door, and perhaps already decided where the coffee machine will go. Then the landlord hands you a lease that appears to contain enough pages to qualify as a small novel. Unlike a residential lease,

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What Is a Personal Guarantee on a Commercial Lease?

Commercial Real Estate Law / Steve Dimic

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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How to Get Out of a Commercial Lease?

Commercial Real Estate Law / Steve Dimic

Signing a commercial lease often feels like the beginning of an exciting new chapter. You have found the perfect office, retail unit, warehouse, or restaurant space. The location looks promising, the business plan is ready, and even the slightly mysterious stain on the ceiling seems manageable. Then circumstances change. Sales may decline, operating costs may

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