Shareholder and Partnership Agreements
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One of the most common causes of business disputes is failing to create a partnership or shareholder agreement at the start of your business venture.
While you may get along really well with your business partners, it’s important that you have a frank discussion from the outset to ensure that you know exactly how your business will be run, including:
- The rights and responsibilities of each partner
- Meeting and voting procedures
- How disagreements are to be resolved
- What happens on the sale of the business
- What happens if new partners are added
- Division of profits
- The death of a partner
Creating an agreement from the outset is an effective tool at minimizing disputes and ensuring that you have a healthy and long-lived business relationship.
We would love to help you. Give us a call or submit an enquiry now.
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