A joint venture involves two or more persons or entities joining together for a particular project. A partnership is described as a relationship which exists between people carrying on a business, with a common view of making a profit. It also includes incorporated...
As a business owner, you deal with many responsibilities, including having to decide what to do with your business when you move on. Sometimes the logical endgame for a business is to be wound up, but in most cases, the aim is a smooth transition to new ownership....
A company constitution is usually drafted in a standard format and may not provide adequate protection for shareholders in the event of a dispute between them or where issues arise not sufficiently covered in the constitution. A shareholder agreement, properly...
A Partnership Agreement is a contract between all of the partners in a business which outlines each partner’s duties and responsibilities, governs important matters that arise from the business, and details processes for making business decisions and for resolving...
The diversity of a family farming enterprise combined with the dynamics of the family unit can raise challenging and complex issues. The topic of succession planning is often a highly emotional one. The respective contributions from individuals to the farming...
Most people recognise the importance of having a Will to determine how their estate is distributed when they die. If you are self-employed, a partner in a business or co-director of a company, having a ‘Will’ or succession plan for your business is equally important....
