At the early stages of a business relationship, focus tends to be on developing the business and shareholders/partners often don’t plan properly for the future.
Shareholders and partners can, by way of a shareholders’ agreement, LLP agreement or partnership agreement, as applicable, benefit greatly from putting in place a mechanism for dealing with future changes of circumstance.
Taking advice early and putting a shareholders’ agreement, LLP or partnership agreement in place, can help to provide the business with a stable platform for long-term success, ensure that the expectations of the shareholders/members or partners in making their investments are met and provide a point of reference for all parties as the relationship progresses.
We can offer specialist advice to protect your position in any of these types of arrangements if you are a founder, investor or being offered a stake in a business as part of an incentive package.
If you need assistance with the review, preparation and implementation of a shareholders’ agreement, LLP agreement or partnership agreement, please contact David Powell, Partner and Head of Business Law.
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