Many business ideas begin informally. Whether it is a few friends in the garage or someone who becomes a mentor along the way, you might not start your company with a written agreement. Creating a formal partnership may seem unnecessary, especially when you have a...
Business Law
Why you need a shareholder agreement before you start doing business
Whether you have a small corporation or a mid to large-sized one, you need a well-crafted, thorough and air-tight shareholder agreement in place. It’s not a legal requirement, but having a shareholder agreement can help your company to avoid many challenges and...
What happens to your business ownership interest when you die?
You and your business partners have worked tirelessly to build your company from the ground up. After all your years of sacrifice, you don’t want the fruits of your labor to dissipate and to be of no good to your loved ones once you’re no longer around. How can you...
The foresight in implementing a buyout agreement
On the bright side of things, your business succeeded. You and your business partner had a firm understanding of the risks and the markets along with an overabundance of dedication, energy and investment. But, now, you have been taken by mild surprise. The signs were...
