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One on the best ways to protect your business is to have watertight legal business agreements in place and an example of one of these is a shareholder agreement. Shareholder agreements record who and how many shareholders there are in the company. They may require departing employees/shareholders to sell their shares to remaining employee/shareholders so that the shares remain in-house. They may also specify what happens to the shares if a shareholder dies or becomes disabled and shareholder agreements may also give shareholders an option to force the company to purchase their shares in certain situations. A shareholder agreement can be used for large and small companies because even small businesses have to operate under the same company rules as the larger ones. Using a shareholders agreement allows you the best of both worlds. But beware: It can be expensive obtaining shareholder agreements through the offices of a solicitor. Most solicitors' fees are calculated by the minute and they also bill for their travel time and parking charges. The best place to obtain legal forms, for a fraction of the cost, is from Net Lawman - an online company with a dedicated team of legal professionals. All of Net Lawman's legal documents are in English, easy to read and come with explanatory notes. So go to www.scotlawman.co.uk for shareholder agreements and shareholder templates. Biography/ About: Net Lawman Ltd is an English company operated by Andrew R. Taylor. Most legal work is undertaken by Andrew and Rajeev Goswami, following are the relevant resource: shareholders agreements, shareholders agreement template, company shareholders agreement, shareholder agreement.
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