JPAbusiness Work +61 2 6360 0360
Orange • Bathurst • Sydney • Melbourne • Brisbane

    How to create a shareholders’ agreement [checklist]

    Posted by James Price | JPAbusiness on 14-Feb-2018 02:00:00

    If you’re a business owner considering taking on an investing party or shareholder, some form of written shareholders’ or partners’ agreement is vital.

    Shareholders_Agreement_Checklist-1.pngUse the agreement to make clear all parties’ investment and partnership intentions and responsibilities from the outset.

    Remember, this is your business, so you can cover whatever you think important, from business relationships, ethics and cultural issues, to insurances, taxation and debt obligations; it’s your blank canvas.

    (And if you’re already in a partnership or shareholding entity and don't have a shareholders’ agreement, it's not too late to put one in place.)

    Our free checklist contains the broad components of a private company’s Shareholders’ Agreement.

    Once you're received some sound commercial advice, and you and your partners have agreed to the key basic terms of the shareholders’ agreement, make sure you get some taxation and legal advice on the risks and issues for you and the company.

    It’s also important to ensure final agreement has all the relevant bases covered in terms of notice period, and is legally well constituted.

    If you would like support or advice regarding creating a Shareholders’ Agreement, please contact the business advisory team at JPAbusiness on 02 6360 0360 for a confidential, no-obligation discussion.

    Partners in Your Business eBook | JPAbusiness

    JAMES PRICE | JPAbusinessJames Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.

     

    Topics: Advice, Partners, Business Structures, Shareholders, business advice, shareholders agreement

     
    Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
     
     
     
     
    Do you know someone who would find this blog useful?
    Let them know:
     

     

    JPAbusiness

    Topic

    more

    Recent Posts