Going into business with someone else can be a great adventure.
But it's important that you have the right documents in place from the beginning. This ensures that you all have the same expectations. And if you do go your separate ways at later date, you can minimise the potential for a dispute.
If you are starting a limited company, you shold have a specific private agreement between the shareholders. This type of agreement will set out how you will run the company and what powers each of you will have.
Similarly, at the outset of a partnership, you should set out the rules about what each partner can or cannot do. The best way to achieve this and prevent a dispute is to draw up a partnership deed that is signed by you and each of your partners.
At Mason Bullock Solicitors Northampton, we will draft the shareholder agreement or partnership agreement for you. We will meet with you to listen to your intentions and then ensure that the right paperwork is drawn up.
This will give you peace of mind and help to prevent disputes by setting out the procedures to be followed if disagreements occur or when one party wants to leave.
As a member of the Law Society's 'Lawyers for Your Business' panel, our solicitors regularly advise both limited companies and partnerships in Northamptonshire and throughout the UK.
We will be pleased to meet with you at our offices in Northampton Town Centre or at your own premises if you prefer.
Please contact one of our solicitors now on 01604 601 575 for a free initial consultation.
