Why do I need a shareholders or partnership agreement?
If you own and control 100% of your business, you can run it (subject to complying with the law!) pretty much however you choose. You don’t have to consult with anyone before making decisions and you can change your mind at the drop of a hat.
If you don’t own and control 100% of your business, you can’t do this. You have to consult and agree with your business partners about how you will run your business.
How these decisions are made and what happens if you can’t reach an agreement will have a huge impact on the success of your business so this is what we are going to look at in this blog. Read More