Shareholders & Key Persons

Support in place if the worst should happen…

As a business owner or director, you will be committed to working with your fellow shareholders to realise the maximum potential of the business. But have you considered the impact of something happening to you or a key member of the organisation?

If a shareholder was to die, who would be the beneficiary of their shares? Would that person want to be involved in the day-to-day running of a business, especially at a time of loss? Would your fellow shareholders want to work with someone they don’t know? It can be a real problem.

We can help you put measures in place to the benefit of everyone involved at such difficult times. A share purchase agreement is a key element of succession planning that allows reluctant beneficiaries to sell their shares, and protects the current shareholders from the involvement of inexperienced people suddenly thrust onto the board.

Share purchase agreements are complicated, and deciding if they are even appropriate is step one. At Wells & Co. we’re experienced in making these assessments and putting the appropriate referral in place.

Please note that where a referral is made, the service will be separate and distinct to those offered by St. James’s Place.