Many companies established by non-family members become unworkable within a few years due to personal conflicts between members, and what started out as a promising venture often ends up in lengthy litigation.
Therefore, it is wise to consider carefully before founding a company who we will partner with and how we can part ways in the event of a dispute. The most appropriate solution is to settle our mutual relations in a separate agreement at the time of founding. This agreement is commonly referred to as a syndicate agreement.