Entrepreneurs pour so much effort into making sure their venture is a success that personal wealth planning often falls down the priority list, writes Mike Westbrook
As anyone who runs their own business will tell you, it's a full-time job. Entrepreneurs pour so much effort into making sure their venture is a success that personal wealth planning often falls down the priority list. However, it's prudent for clients to start thinking about their financial future early and particularly if considering scaling up. Executed properly and professionally, taking the right steps now will pay dividends in terms of security and peace of mind later down the line. 1. Draw up a shareholders' agreement All private limited companies are required to ha...
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