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New Business

Empower Your Business with Experienced Legal Advice

new busniess legal services

Starting up a new business can be an exciting experience, but without the right guidance, it can soon turn into a legal minefield.

Base Legal specialises in a full range of high-quality legal services, which include, legal consultancy, advisory services, arbitration, as well as a number of other value added services such as, drafting company constitution or a co-founder agreement.

Benefits of Hiring Base Legal as a Business Lawyer;

The structure of your business is vital and hiring the right business lawyer in Torquay keeps your business legal. I am able to do this by helping you make those key foundational decisions which will help shape your business, now and in the future. From drafting a partnership agreement to drafting a shareholders’ agreement, Base Legal offers you the best structural and organisational services you simply won’t find any place else.

For business owners who have lingering questions about the particulars of an agreement, BaseLegal offers a one-of-a-kind, comprehensive legal service which takes care of all types of legal drafts from every angle, and keeps you in-the-know every step of the way.

As a business owner, you do not want to find out a year down the road that you missed a key legal clause that now has you caged in a suboptimal business agreement. If you hire the services of BaseLegal, you will never have to worry about that. With years of experience under my belt, I am able to offer you legal services that are reliable and trustworthy.

If you are in need of legal help starting a business, as your lawyer, I will be more than happy to provide you with the assistance you need to navigate through those legal quagmires and get your business off the ground.

This is how I can assist you with these specific services, unique to New Business:

Start up advice:

You may know your product or service inside-out, that’s why you’ve decided to take the leap and start a small business! Your expertise may not extend to knowing the particulars of relevant laws and how to protect yourself from legal risk. My area of expertise is the law and I am here to help you navigate your way through your legal requirements as a new business owner. Congratulations for taking the big step of going into business!

These are some items I can help you with:

  • I can provide advice on setting up a business generally
  • advise you on other requirements that might be industry specific. For example; licenses, restrictions and applicable legislation requirements
  • different legal structures such as company, partnerships and sole trader. Your structure depends on what is right for you, so it is important to understand the pros and cons of each option, especially when it comes to legal exposure

Shareholders agreements:

Shareholders are owners of the company. The role they play in decision making can vary, depending on what suits. A shareholder agreement can do the following:

  • Govern the relationship between shareholders
  • Prescribe the process for appointing directors and how decisions will be voted on
  • Govern the structure of shares, such as the issuing of shares to new parties and the selling of shares
  • Provide a process for when a shareholder wants to leave the company or becomes incapable of being involved
  • Sets up a dispute resolution process, which is essential for equal shareholders
  • The process for valuing shares

Shareholder agreements and constitutions are often provided in a standard form when a company is registered. However this won’t necessarily cover your unique needs. This is the benefit of a tailored agreement, which I can provide you with.

Company Constitution:

A company constitution is distinct from a Shareholders Agreement. A constitution is an agreement between the company owners (shareholders) and the operators (Directors).

A constitution governs how directors will run the business of the company. It can include:

  • The appointment and termination of directors
  • What decisions can be made about the business without approval or input from shareholders
  • Dispute resolution processes regarding these points

A constitution is especially valid where there are ‘silent’ shareholders or where shareholders want to appoint a director that is not a shareholder.

I have assisted a number of businesses in start-up phase who want to bring on investors in the future. Having the right documentation in place from the start will ensure you retain the rights you want to in the future.