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susie if i come to you like every second client we have and say i want to set up a business or i want to invest in somebody elses business whats going to be your first response uh usually its what does your shareholders agreement say and whats the shareholders agreement well thats often the other question or we dont have one is the usual response unfortunately and look its a key thing for business to have we we often talk about them as being a business prenup so its nice to have um done up front in the honeymoon phase if you will uh because you want people um getting on board and saying well this is how the business is going to be run and this is what the life cycle of this is going to look like and how do we get out of it eventually you know someone might retire you might also want to bring investors in you might want to sell the business and and these are things that you whether its a partnership agreement or a shareholders agreement depending on the structure of your entity
