corporate constitutions, partnerships and LLPs
Whether you are trading as a limited company, an LLP or a traditional partnership it is crucial to your business’s success that it operates within a set of tailor made rules and arrangements that are designed not only to fit with the demands of your business but to reflect the different personalities in it.
One size simply does not fit all and the “rules” that govern how you and your fellow partners, shareholders or directors work together are fundamentally important.
Issues such as:
- voting rights;
- resolving disputes;
- planning for death or illness;
- profit sharing; and
- valuations mechanisms,
should not be neglected and simply left to the default statutory position or an agreement that was entered into decades ago.
We have been involved in advising hundreds of clients on these issues and our services ensure that you have a set or rules or a “constitution” for your business in place that is tailored to suit the needs of your business and the personalities involved.