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A shareholders’ agreement sets out the rights and obligations of the shareholders of a private business.
When two or more people go into business together, they usually have a common understanding of the way the business will operate and what decisions will be made as circumstances change. The purpose of a shareholders’ agreement is to record these understandings so there is a documented reference that can be used if a dispute arises.
This is part 4 of the 6-part series on business owners 4 (2020)
Part 1
Business owners invest so much into their businesses – emotionally, …
Part 2
Whether you’re a new start-up business or a mature company looking t…
Part 3
Raising capital is one of the most important aspects of starting and build…
Part 4
A shareholders’ agreement sets out the rights and obligations of the share…
Part 5
Every business owner’s succession plan will be unique to their own s…
Part 6
As a business owner, you’ve worked hard to build a successful business, an…
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