Tag: result

A vast majority of businesses have possession groups of less than five people.While this provides for efficient and effective management, difficulties arise if something happens to one of the owners.If your company has multiple owners, ask yourself what happens if:· The owners can not get along?· One of you is hospitalized for an extended period?· An owner becomes divorced [and the partner is awarded half the stocks?]· An owner stops coming to work?· You wish to sell stock to a third party?· An owner passes away?· One of you wants to retire?All of these events can seriously disrupt your business, especially ownership disputes...