Preventing Business Disputes
If you are forming a new business as a partnership or as a corporation, you are already taking on many responsibilities for your company. You may not be concerned about disputes that could happen down the road. Proactive steps now, however, can head off disputes before they happen. Drafting a responsible partnership or shareholder agreement can help to protect you and your business now and in the future.
The Oliver Law Firm has helped many companies in Eastern Pennsylvania and the Philadelphia metro area draft partnership and shareholder agreements that protect their interests in the event that disputes or other life-changing events occur in the course of business. Put your mind at ease by working with employment law attorney Ken Oliver, who has more than 30 years of experience working with small businesses in Pennsylvania.
By establishing the rights and responsibilities of partners and shareholders at the beginning of a business relationship, you will understand how to act and what will occur when problems arise. Contact the Oliver Law Firm to draft an agreement that will protect your business.
A good partnership or shareholder agreement will normally remain in the background during the course of everyday business. This kind of an agreement cannot replace the healthy and productive communication that all businesses should engage in on a regular basis. This agreement, however, can prepare for times when communication has ceased or when it is unclear how to proceed in a dispute.
Partnership and Shareholder Agreement Considerations
When a business first opens, especially in a partnership between two friends or two relatives, it can seem unnecessary to have an agreement or contract in place. After all, when things are happy, it is tough to imagine disputes happening that cannot be resolved through cooperation. Unfortunately, arrangements like these can turn sour quickly and partners can find themselves entangled in expensive and difficult litigation with former friends and family members.
Having such an agreement is not predicting trouble. It is simply smart business.
Partnership and shareholder agreements not only protect companies and their owners in the event of business disputes. They also provide protection in the event that one partner passes away and decisions need to be made about the future of the business. With a properly drafted agreement, you can prepare for such a situation and have peace of mind.
Contact the Oliver Law Firm
Learn more about partnership and shareholder agreements and how they can protect your business from disputes and litigation. Contact the Oliver Law Firm and employment lawyer Ken Oliver in Springhouse, Pennsylvania. Call toll free to schedule an initial consultation at 877-531-6719.
