Few things are more frustrating than watching your company grow only to be told there are no profits to distribute. Sometimes the explanation is buried in the compensation line items: majority owners increase their own salaries, bonuses or “management fees” to pull...
The shareholders of a business share an interest in the direction of the company and its success. But sometimes shareholders struggle to make unified decisions, leading to a deadlock. Deadlock situations happen most frequently in closely held companies whenever there...
A shareholder agreement must satisfy all involved parties. It must also be designed with dispute resolution in mind. While you certainly hope for the best-case scenario in business, you must also have a plan in place in the event the worst-case scenario decides to...