Resources & Articles

Co-founders reviewing their company’s shareholders agreement and ownership structure. A shareholders agreement in Australia can address decision-making, founder responsibilities, share transfers and exits. This guide explains the default rules that may apply without one and the key terms co-founders should consider documenting. If you and a co-founder own a company together and have no shareholders agreement, your relationship is generally governed only by the Corporations Ac

A written exit clause can help business partners manage buyout terms, ownership changes and disputes before a partnership breakdown escalates. A business partner buyout in Australia can become significantly more difficult when there is no written exit clause setting out what happens if one person wants to leave. A verbal understanding about “what happens if one of us wants out” is not the same thing as an enforceable exit agreement, whether you’re formally structured as partn

Business partners should clearly document profit-sharing arrangements, decision-making authority and governance rules before disputes arise. Business partnership profit sharing in Australia involves more than simply deciding how profits will be split. A business partnership or shareholder agreement should also set out who has authority to make which decisions, what happens if the partners or co-founders disagree and can’t reach a resolution, and how those rules interact with