‘Ensure that you and your ‘partners’ have the following in place: (1) a signed relationship agreement (i.e. shareholders, partnership or association agreement) (2) letters of appointment (the relationship agreement alone is NOT adequate) and (3) a disciplinary code and procedure. If you have a fall out, you may not only face a breach of contract claim but may be dragged off to the CCMA as well, thereby adding insult to injury!
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