When you are creating a business in Fairfax, VA, you want to make sure that your interests and shareholders’ are aligned so hiring a Fairfax, VA business shareholder agreements lawyer is essential. As a business owner, you might wonder if you really need this kind of agreement. You may even wonder if it is worth the time and energy into having one drawn up. The short answer is yes. Having a shareholder agreement is the best way to ensure the future of your business and protect your interests. Hiring an experienced business shareholder agreement lawyer like Mahdavi, Bacon, Halfhill & Young, PLLC is the way to do it.
Why Exactly Is A Shareholder Agreement Important?
A business shareholder agreement is a legal document that delineates both the obligations and the rights of all shareholders. It explains how important decisions will be made and how they can be resolved. Without such a legal agreement, you put yourself and the business in jeopardy of challenges if they arise in the future.
A prime example could be if a shareholder wishes to sell their shares or exit the company. Or if there is serious tension over a decision. By having a shareholder agreement, the business will have clear ways of handling these types of situations proactively. Often, without this type of agreement, discussions get out of hand and all too often turn into expensive legal disputes. Ultimately, not having this type of legal document may cost you the business or significantly complicate things.
By having a lawyer draft an agreement, you can prevent such a scenario from disturbing your business. It would protect both your and other shareholders’ interests by having prescribed processes for handling disagreements and allowing business to happen smoothly.
Finding A Lawyer In Fairfax Can Help
Hiring a conscientious business shareholder agreements lawyer in Fairfax will make sure that an agreement reflects the needs of your specific business. You want an agreement to meet the details of your business no matter the industry, the structure, or your business’s future initiatives.
Our skilled attorneys will customize the agreement to all your needs. They will work with you to understand the demands of your business and those of shareholders so that it is unique to your requisites. Different states have different specifications. A local Fairfax business shareholder agreement lawyer will make sure that the agreement adheres to Virginia laws. An experienced business law attorney will be able to anticipate issues so that the agreement solves future problems before they arise. Having a shareholder agreement will give you and other shareholders peace of mind so that you can focus on the business and its expansion.
Protect Your Business Today
Now is the time to legally protect your business with a customized shareholder agreement. If you are a business owner in Fairfax, VA—reach out to Mahdavi, Bacon, Halfhill & Young, PLLC to ensure your business’s future prospects. Do not leave it to chance.