Business Forms

Have you decided to buy an established business in Ontario? You can write up your offer to purchase the assets and shares of the company with this downloadable template.

• The offer is for the assets (excluding cash on hand and receivables) and the shares, but not the debt obligations of the company.
• Upon being accepted, the offer automatically becomes a legally binding purchase and sale agreement.
• The buyer will not assume any of the business liabilities except for the premises lease, maintenance contracts and salaries of employees that will be kept on after the closing.
• The parties agree to review and make any adjustments to the purchase price six months after closing.
• It is the seller's responsibility to terminate employees, prepare financial statements, file the final income tax return and pay corporate taxes as of the closing date.
• This is a downloadable fully editable template in MS Word format.
• Intended for use in the Province of Ontario, Canada.

You can easily write an offer to buy the assets and property of a restaurant with this downloadable template Offer to Purchase for the Province of Ontario.

• The offer becomes a legally binding agreement of purchase and sale once it has been accepted by the seller.
• On closing, the buyer will pay the seller the value of liquor, food and beverages on hand, valued at either cost or net realizable value, whichever is lower.
• The buyer is not required to purchase inventory older than two months or inventory which is unsaleable or unusable.
• The buyer is responsible for remitting the GST applicable to the sale. The buyer will also pay retail sales tax on the purchased assets.
• The seller will give the buyer reasonable access to the premises, books and records of the business to enable the buyer to conduct its due diligence investigation.
• The agreement contains the standard representations and warranties of each party.
• The seller agrees not to carry on or be involved with a competing business within an agreed proximity to the restaurant, and will not solicit customers or employees from the business.
• The Offer to Purchase form is intended for use within the Province of Ontario, Canada.

Do you have an empty parking spot to let? Rent it out with this Ontario Parking Stall Lease.

• This agreement can be used to rent an on-street parking space or a parking stall in a parkade or parking lot.
• The vehicle owner is solely responsible for making sure no items are left in the vehicle. The parkade owner is not liable for any theft or loss.
• The parking space can only be used for parking the vehicle. No other use is permitted.
• Vehicles can be towed if parked in such a manner as to block access to any other vehicle or parking spot.
• Speeding is prohibited in the parkade.
• Available in MS Word format.
• Intended to be used only in the Province of Ontario, Canada.

Acquire the assets of an Ontario corporation with this Purchase Agreement for Assets of Operating Company.

• The seller (vendor) sells the assets of a company to the purchaser and the purchaser assumes the company's liabilities as part of the purchase price.
• The balance of the purchase price will be secured by a promissory note.
• The parties agree to file joint elections under sections 22 and 97(2) of the Income Tax Act (Canada) and as required under the Ontario Corporations Tax Act.
• The form includes a Section 116 Affidavit to be sworn by a corporate officer of the vendor, if applicable.
• The form also includes a Promissory Note.
• This is a fully editable legal template intended for use only in the Province of Ontario, Canada.

Ontario contractors, write up a Renovation Contract for a home owner with this easy-to-use template form.

Responsibilities of the Parties to the Contract

The contractor agrees to provide all required materials, labour and equipment necessary to complete the renovation. The home owner is responsible for arranging utilities, toilets, parking and access to the work site.

Key Features of Agreement

The contract template includes standard provisions, such as:

• Contract Price. Payment of the contract price, less required holdback under the Ontario Construction Lien Act, will be made in several payments, with the balance due on completion.
• Change Orders. A signed change order is required for any alterations to the work specified.
• Site Safety. The contractor is responsible for cleanup and for job site safety.

Contractor Warranty

The contractor provides a 1-year warranty of the materials and workmanship and agrees to correct any defects of which it is notified in writing during the warranty period.

Insurance and Compliance Matters

The contractor is responsible for maintaining adequate insurance, and for complying with the requirements of the Workers Compensation Act.

Format and Jurisdiction

The Renovation Contract template is available in MS Word format and is fully customizable. Once purchased, you can use it as often as you require. The document is intended to be used only in the Province of Ontario, Canada.

Attach this Schedule to an Asset Purchase Agreement for the assets of a restaurant business in the Province of Ontario.

• Procedure for transferring the liquor license to the purchaser.
• The seller warrants that the employees are not represented under a collective bargaining agreement.
• Conditions of the purchaser for closing the transaction.
• Representations and warranties of the seller.
• Disclosure of revenues, expenses, contracts and business information.
• Assignment of service contracts and leases, trade names, signage and phone numbers from the seller to the purchaser.
• The Schedule to Asset Purchase Agreement for Restaurant covers the special conditions that apply when purchasing restaurant assets under Ontario provincial laws.
• Available in MS Word format and fully editable.
• Intended to be used only in the Province of Alberta, Canada.

Prepare a Schedule to an Asset Purchase Agreement for the purchase and sale of the assets of a hotel business with this downloadable template for Ontario.

• Room rentals, restaurant and lounge receipts will be adjusted at midnight on the date of closing.
• Method of transferring the liquor license to the purchaser.
• The seller warrants that the employees are not represented under a collective bargaining agreement.
• Conditions of the purchaser for closing the transaction.
• Representations and warranties of the seller.
• Disclosure of revenues, expenses, contracts and business information.
• Assignment of service contracts and leases, trade names, signage and phone numbers from the seller to the purchaser.
• This Asset Purchase Agreement Schedule addresses the special matters to be considered when purchasing hotel assets under Ontario provincial laws.
• Available in MS Word format and fully editable.
• Intended to be used only in the Province of Ontario, Canada.

If you franchise your business model in Ontario, you can secure your franchisees' obligations with this Personal Property Security Agreement.

• The Security Agreement grants the franchisor a security interest in all of the present and after-acquired personal property of the franchisee (debtor) including inventory, equipment, fixtures, goods, and all proceeds therefrom.
• The security interest will secure any future loan financing, operating lines, or other credit facilities provided by the franchisor to the franchisee.
• Buy the form once, use it as often as you like.

Don't leave your position unsecured in the event a franchisee goes under. Buy and download the Ontario Security Agreement and have each of your franchisees sign it.

Set out the guidelines for operating a construction or renovation services franchise business in Canada with this Operations Manual template.

Who needs this Operations Manual?

Any franchisor who franchises construction services businesses in Canada can use this template to create a customized Operations Manual for their franchisees. It is an essential part of the franchise system.

What is covered by the manual?

Key sections of the Operations Manual include (among others):

• role of the franchisee
• marketing and advertising
• estimates and contracts
• customer service
• materials management
• employee selection and hiring process
• sales reporting
• tradesperson management
• theft by trades.

Format and Applicability

The Franchise Operations Manual is available in MS Word format and is fully customizable. The template has been prepared for use in Canada but can be easily adapted for other regions.

Prepare an Operations Procedures Manual for a marine vessel with this comprehensive 41-page template.

• The template contains sections for a variety of procedures, including:
  
  • working on deck and aloft;
  • chipping and painting;
  • operating a forklift;
  • housekeeping matters;
  • pollution control;
  • safety guide for handling and storage of gas cylinders;
  • workshop guidelines;
  • handling of chemicals;
  • first aid kit requirements;
  • proper clothing and PPE;
  • electrical safety;
  • welding operations;
  • work boat and rescue boat operations;
  • emergency repairs;
  • transit and mooring procedures;
  • fuel transfers;
  • boat-to-boat transfers;
  • crane operations.
• The template document is available in MS Word format.