Minority Interest in a Small or Closely Held Business is Worthless

I regularly represent small business owners that share ownership interest with a small group of owners. What many of those business owners fail to recognize is that they need the cooperation of the other owners and cannot act unilaterally. When you are a minority owner in a small business you lack any authority to manage or control any aspect of the company’s business. Many owners of minority interests in a business find themselves excluded from important business decisions and cannot effectively control or recoup their investment. For this reason minority interests in small or closely held business are worthless.

To protect yourself and your small or closely held business, please contact David Tingstad or one of the other members of Beresford Booth’s Business Group.