You've set your business up with the Secretary of State. Now it's time to look inward and say, what do we need to properly run this business? Having governance documents in place, such as a ...
A shareholders agreement is a legally binding contract between a company’s shareholders that sets out their rights and obligations within the partnership. This document governs the internal operations ...
In fundraising negotiations with our small business and emerging growth companies clients we always have one eye on the follow on negotiations that will be necessary for the shareholders agreement. If ...
The owners of closely held corporations and limited liability companies (LLCs) are often the company founders and executive leadership who share a strategic vision for the company’s mission and growth ...
A corporation is a legal entity with personality granted by law, and it acts through its Board of Directors and its officers. The Board of Directors approves and sets the company’s direction, while ...
A company must have articles of incorporation (“articles”). The articles will apply to all persons who are members of the company, without any requirement for persons, other than the original ...
THE importance of a professionally drafted shareholders’ agreement that has been tailored to your business cannot be overstated. Although a business owner might be tempted to cut costs with a template ...
Rebecca Robinson, Director in the Company Commercial Team at Wake Smith Solicitors in Sheffield, looks at the importance of a shareholders’ agreement. Many limited companies are started each year by ...
The excitement of launching a new business can often overshadow the importance of thorough, structured discussions between business partners. However, open and honest conversations are crucial for ...