No one should go in to business blindfolded, so if you are forming a company with someone else then you need to agree a set of ground rules. Set up a shareholders’ agreement to protect each other’s interests. Download a comprehensive template agreement from Net Lawman. All the shareholder agreements lay out the terms of business for new or existing companies needing to protect shareholders against: Lender warranties and borrowing money, Consequences of [...]
You may be in a business partnership and not know – because under English law, a partnership agreement is two or more people acting together in business to make a profit. Here are the ground rules to safeguard your cash and assets in the event of something going wrong: 1. Work out a written partnership agreement so everyone knows where they stand over control of the business, money and debts. You can download excellent template [...]
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April