Shareholder Agreements: Why Most Small Businesses Don't Have One (and What It Costs Them)
If you're in business with a partner and you don't have a shareholder agreement, you're one disagreement away from an expensive problem.
Most small businesses with co-founders never put an agreement in place. Things are fine while everyone agrees, then someone wants out, stops pulling their weight, or the relationship breaks down, and there's nothing to fall back on. Ken Yip, Lawyer at Lawpath, covers what a shareholder agreement actually does, the clauses that matter most, and why the conversation is far cheaper to have now than after something goes wrong.
24th September, 2026, 12:00 PM AEST