The sky is the limit, until the plane goes down… join our seminar on April 29.
Always fantastic news: whether you’ve started a new business, taken over an existing one, or brought someone into your own company, you’ve found the right business partner. This is usually preceded by a number of very pleasant dinners during which the parties get to know each other better and trust gradually grows.
The moment the adventure truly begins, through the incorporation of a company before the notary or the signing of the share register upon the transfer of shares, a predominantly positive feeling prevails along the lines of: “nothing can go wrong here”, let’s already start dreaming of taking part in the “the sky is the limit” program.
Unfortunately… No matter how good the intentions of both partners are at the outset, things can always go wrong. The reasons for this can be very diverse: expectations are not met, the parties misunderstood each other during the preliminary discussions, one of the business partners becomes unable to perform for an extended period, one of the partners experiences personal problems, …
Alis Advocaten has repeatedly observed that, at the start of such an adventure, little thought is often given to a shareholders’ agreement. Yet such an agreement can contain very clear arrangements regarding the process to be followed should certain matters not go as expected.
If these arrangements have not been made in advance, it is often difficult to make them afterwards, since the collaboration has by then already led to frustrations. The situation frequently ends up in legal proceedings, which cost both partners a great deal and bring additional frustration.
Often there are only losers in such proceedings.
We would be happy to give you a few tips to keep in mind at the start of such an adventure, so that you can avoid legal proceedings. To receive these tips, join our seminar on April 29, 2020.
The topic “How a shareholders’ agreement with the right content avoids legal proceedings” will be covered there, along with 9 other topics that are important for every entrepreneur.
