Shareholders, LLP and partnership agreements
It’s often said that a business relationship is like a marriage. Many people do spend more time with their business associates than with their wives or husbands. And when a business relationship sours, the impact on everyone involved – and on the business – can be just as destructive as a divorce.
Business relationships can end for good reasons, like a business sale or a retirement. They can end for not such good reasons too, like commercial or personal differences. So the best time for you and your business associates to decide what should happen if you choose to end your relationship is right at the beginning, when the relationship is sure to be positive.
Whether you run your business as a limited company, an LLP or a partnership, we can advise you on the issues you should consider – and document your requirements in a shareholders’ agreement, LLP members’ or partnership agreement.