Do you need a shareholder agreement within your business? Whenever two or more people share holds in a company, a shareholder agreement should be in place. Whether they are a majority shareholder, minority shareholder or the shares are split 50 / 50, a shareholder agreement assists in governing this working, business relationship.
Without a shareholder agreement in place between the shareholders, the business relationship will be governed by default provisions in the Companies Act 2006, or the model articles of association. Neither of these are tailored for individual circumstances like a shareholder agreement will be. Relying on these provisions can result in unexpected and unwelcome outcomes. In turn, this can be costly to resolve.
This is why we recommend you speak to our experienced corporate lawyers to assist you with shareholder agreements. These are drafter tailormade to suit you, your business and the shareholders. They will help avoid any unwanted nasty surprises now or in the future of the business relationship.
Here at Burgh Thorpe Solicitors, we have a team of professional corporate law experts in Peterborough. We have the skills and experience to help you on your shareholders agreements, at every step of the process. Our corporate solicitors do this to ensure that your intentions are clearly set out and your needs are met.
As your corporate law experts, we will guide you through the touch questions that need to be considered. This ensures that we can provide you with effective solutions if issues were to arise. It’s important to note that there is no standard shareholder agreement that can be used by every business or organisations. This is why we take the time to understand the organisation and desired outcomes of all parties. We can then discuss options and advise our clients on what will work best for them, their organisation and their own needs.
Shareholder agreements are hugely important in any business. This is because they provide the framework for the ongoing collaboration between the shareholders. They take time and effort to negotiate.
If you need legal support to help in creating shareholder agreements for your business, call our corporate lawyers in Peterborough now. We will be happy to be a part of your successful business journey.