Asset Management/ Finance Startup

[Justloadit]

Treat every agreement you make, with the thought process as follows :-

1. Exactly what each members job description is going to be, including remuneration or profit share. It must be very detailed, no muddy waters, it is very important for the next point.
2. Exactly the process which will follow if the member/director/shareholder does not follow the above job description
3. Exactly the procedure if one member/shareholder/director wishes to leave
4. Exact procedure to dissolve the agreement, who stays with what, etc etc in the case there is a break up - this is important, as many agreements come to a bitter end where no one can actually talk to each other to resolve, having set out the procedure from the onset, not only clears this up if it does happen, but it also ensures that the agreement actually lasts as there is now a procedure accepted by everyone fro mthe onset to follow if it does not.

[PCAdeJ]

'n haastige hond verbrand sy mond ...

Haha I prefer; 'carpe diem' or - the Idiom - 'the longest journey starts with a single step...'

But thanks for the link, I'll take a look now.