Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Phil Moir and Lewis Cassap from Richard Reed Solicitors, along with Stephen Hope from Stephen Hope Wealth Management.

Together, they discuss the critical importance of having a shareholder agreement in place for any business. Despite their value, shareholder agreements are often overlooked which can lead to complicated and costly issues down the line.

Here’s what we’ll cover in this episode:

• What a shareholder agreement is

• Why having one is essential

• When the best time is to create a shareholder agreement

• The key clauses that should be included

• Why it's important to review and update the agreement as your business evolves

• The risks and challenges of not having a shareholder agreement

This episode is a must-listen for any business owner, whether you're just starting out or already established. It could save you from serious trouble in the future.

Get in touch:

Richard Reed Solicitors:

Website: https://richardreed.co.uk/

Phone: 0191 567 0465

Email: info@richardreed.co.uk

Stephen Hope Wealth Management:

Website: https://www.stephenhopewealthmanagement.com/

Connect:

Sarah Reid: LinkedIn

Phil Moir: phillip.moir@richardreed.co.uk

Lewis Cassap: lewis.cassap@richardreed.co.uk

Stephen Hope: 01915111090