If you are considering going into business with other people, and if you wish to operate as a partnership, it is important that you have a formal partnership agreement drawn up. This has particular significance if the partners are related.
The general law on partnership matters is vague and very old, so if you have a written document in place, you can avoid queries and problems in the future.
Similarly, if you are going into business with other people and wish to set up a company, we can advise on any potential agreement between shareholders. This will help to clarify the obligations, powers and ownership of each individual shareholder.
We can advise you if you are considering setting up a partnership or a new company. Likewise if you run into difficulties with an existing agreement.