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Just one, unless the company’s Articles of Association require more. That might seem obvious, but recent High Court cases had created uncertainty about whether a sole director could legally act, especially if the company had previously had more than one director.
Clear, well-negotiated contracts protect your business, strengthen relationships, and prevent costly disputes. But how do you ensure they work in your favour? These key tips will help you avoid mistakes, negotiate smarter, and create agreements that support your business.
Dead equity can reduce valuations, frustrate your team, and limit future investment. If inactive shareholders hold significant stakes, your start-up’s potential is at risk. Learn how vesting schedules, buyback provisions, and leaver clauses can protect your business from dead equity.
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