Discover my top tips
Have a shareholder’s agreement in place. I like to think of it as a ‘pre-nup’ for your company where you can agree on decision making and how shares are to be dealt with. It is better to document everything at the outset to avoid any unnecessary disputes down the line.
Familiarise yourself with your company’s governing documents (articles of association and shareholders agreement) so that you are aware of who can make decisions and how.
Always keep written records of all decisions made and the terms of transactions entered into to avoid any future disputes.
