If you are considering taking on a shareholder or other investing party, it is very important you ensure there is some form of written shareholders’ or partners’ agreement from the outset.
Use the agreement to make clear all parties’ investment and partnership intentions and responsibilities.
In this video I explain why you should have a shareholders' agreement and some of the key issues that need to be covered off in the document.
Download the Shareholders' Agreement Checklist here.
If you would like advice or support to prepare a shareholders' agreement for your business, contact the team at JPAbusiness on 02 6360 0360 for a confidential inital discussion.
Related resources: How to bring a new shareholder into your business [cheat sheet]
James 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.