Starting a business is an exciting venture, filled with visions of growth and success. However, amidst the hustle of establishing
operations, one crucial aspect that often gets overlooked is the creation of a Shareholders Agreement. This document serves as a vital
framework for managing relationships, responsibilities, and conflicts among shareholders. Here, we delve into why your company might need a
Shareholders Agreement, key considerations, and the essential elements it should include.
A Shareholders Agreement is an indispensable tool for any company with multiple shareholders. It provides a structured approach to managing
relationships, responsibilities, and potential conflicts, ensuring that the company operates smoothly and profitably. By addressing key
questions and including essential elements, business owners can create a robust agreement that protects their interests and fosters a
harmonious working environment.
Investing the time and resources to draft a comprehensive Shareholders Agreement at the outset can save significant costs and headaches down
the line. It lays a solid foundation for the company's future growth and success, providing clarity and certainty in managing shareholder
relationships and business operations.
Shareholders Agreement
A structured approach to managing relationships, responsibilities, and potential conflicts, ensuring that the company operates smoothly
and profitably.
Why Paying Super Late is a Costly Mistake You Can’t Afford
Late super payments can cost your business thousands in tax, penalties, and even personal liability. Here’s how to avoid the spiral and
protect your future.
Reduce financial pressure with downsizer contributions
To be eligible to make a downsizer contribution to your super, you must be aged 55 or older and have owned your home for at least 10 years
prior to the sale.