How Laura ended up in this mess
Laura and Sarah had met when they were working for their former employer. During that time they had come up with a unique idea for a business. They each had complimentary skills so it seemed an ideal partnership.
Laura and Sarah were advised against a legal partnership
Laura and Sarah took legal advice at the outset and were advised to set up a limited liability company rather than have a partnership arrangement. Each were to be Directors and equal shareholders.. The company was set up and started trading. At that stage everything looked rosy and both were looking forward to creating a sustainable business that would work for both of them.
Two years later Laura noticed that things weren’t right
After 2 years the company started to show some profit but Laura and Sarah were starting to have differing ideas of how to grow the business where once they were in complete unison. Laura started to notice a difference in Sarah as she appeared to become more detached from the business and her. She began to have suspicions.
Read more...
Cheers
Marc
Laura and Sarah had met when they were working for their former employer. During that time they had come up with a unique idea for a business. They each had complimentary skills so it seemed an ideal partnership.
Laura and Sarah were advised against a legal partnership
Laura and Sarah took legal advice at the outset and were advised to set up a limited liability company rather than have a partnership arrangement. Each were to be Directors and equal shareholders.. The company was set up and started trading. At that stage everything looked rosy and both were looking forward to creating a sustainable business that would work for both of them.
Two years later Laura noticed that things weren’t right
After 2 years the company started to show some profit but Laura and Sarah were starting to have differing ideas of how to grow the business where once they were in complete unison. Laura started to notice a difference in Sarah as she appeared to become more detached from the business and her. She began to have suspicions.
Read more...
Cheers
Marc
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