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View Full Version : What to do with my shareholder???



Lanacshirelass
06-16-2016, 12:53 PM
Hi everyone. I'm a year into business and have a shareholder who has a stake in the business and is also a director. She invested cash for a % and that's exactly what I wanted and needed to get going. I plan to have the cash paid back by the end of 2017. She is absolutely no help to the business, outdated and energy sapping. That said, I wouldn't have been able to start up without her funds. But once I've paid them back paying dividends for her doing nothing at all is going to annoy me. We have a standard shareholders agreement and she has 30%. What do you think the best and right thing is to do? It's playing on my mind so feel I need to get it sorted (when the time is right) or settled in my mind. Can anyone help?
Thanks

speeduser
01-06-2019, 01:07 PM
As a suggestion, the first thing to do is have your lawyer review your contract with your stakeholder. It will really help if you know all the bases that has been covered in this contract. - Marla Ahlgrimm (https://www.linkedin.com/company/marla-ahlgrimm)