Saskatchewan Finance for business information and PST information:

www.finance.gov.sk.ca

Canada Revenue Agency for business information and GST information:

www.city.saskatoon.sk.ca

City of Saskatoon for business information and licensing information:

www.city.saskatoon.sk.ca

Saskatchewan Corporations Branch for information on registering business names and incorporating a business:

corporations.justice.gov.sk.ca

WCB for information on business requirements to register for WCB:

www.wbcsask.com

Buying or selling a business is a critical step in an entrepreneur’s life. Sellers want to collect the full purchase price for their business and walk away from their business with no strings attached. Buyers want to ensure that they are getting what they pay for with no unpleasant surprises. TKB LAW helps buyers and sellers achieve their goals and advance their ventures.

Buying a Business

TKB Law helps buyers prepare offers to purchase that ensure that the buyer gets what they are paying for free from any unwanted encumbrances (i.e. liens). Buyers must also be aware of several other issues which may impact them:

1. Non-competition by the seller
2. Tax issues
3. Purchasing shares or assets
4. Financing debt vs equity
5. Business Structure

Selling a Business

TKB LAW helps sellers prepare sale agreements that protect their interests and ensure that they can walk away from the sale and continue with business ventures without hassles from the purchaser. Sellers must consider:

1. The effect on non-competition clauses on their ability to earn a living
2. Tax consequences of how the transaction is structured
3. Selling shares or assets
4. Financing the purchaser
5. Dealing with sale proceeds