Legal documents for business

Financial Balancing Act for Start-Up

15 August 2006

Rob Targett is the Director of Austin Andrew Financial Recruitment, a specialist agency for recruitment within the Finance and Accountancy sector that started up this year. He told us how using ContractStore has helped to protect vital start-up capital, reassure investors and contribute to a successful, growing business:

"I had to play a real balancing act between protecting our start-up capital, and at the same time protecting our investors' interests. ContractStore offered the ideal solution with a document template for a Shareholders Agreement. It allowed our investors to feel that their interests were protected, without having any outlay on our part in solicitors fees to put the contract together - we didn't even need to get them checked over. All shareholders were able to proof read the document before final agreement and insert/delete areas they were not happy with ...so with a little bit of of going backwards and forwards between parties we were able to reach agreement without going to a lawyer. In this way, we protected a significant amount of our start-up capital which helped us create a successful and growing business."