Running Shareholders Meetings
Today I’m running a training for our Boardroom members.
On how to run highly effective shareholders meetings with their internal shareholders.
Plus, showing them how to prepare and issue proper shareholders reports.
Now, as your business grows.
And you turn your attention to succession planning.
You’ll likely consider bringing on next generation shareholders into your business.
So they can eventually take over the running of your business.
And you can extract the true value of your hard earned work building your company.
By selling down to your ownership to your next gen shareholders over time.
Now the process of selecting your shareholders and preparing your shareholders deed, we’ve covered in past posts.
Plus we cover this extensively in Boardroom.
Today I want to walk you through the agenda for highly effective shareholders meetings.
There’s a bunch of ways you could run your shareholders meetings.
But the following is the most effective structure I’ve found to:
1) Keep everyone up to speed with the state of play of the business.
2) Give everyone time to ask questions and provide input.
3) Not run a time waster of a meeting!
Ready. Let’s dive in.
Agenda as follows:
1 - Welcome / Apologies
2 - Reports / Presentations:
2.1 - State of Play - Strategic Plan Performance Review
2.2 - Financial Performance - YTD & Forecast
2.3 - Return on Investment / Dividend Distribution – YTD & Forecast
2.4 - Compliance & Risk Management
3 - Other Business:
3.1 - Succession Plan – Next Generation
3.2 - Shareholders Deed – Proposed Amendments (if any)
3.3 - Share Sales (if any)
3.4 - Resolutions For Voting On (if any)
4 - Meeting Evaluation & Close
4.1 - Meeting Evaluation
4.2 - Next Meeting
4.3 - Close
After running and being part of shareholders meetings for the past 15 years.
This is the best structure to follow.
Hope it helps.
And if you’re interested - we’re running a 2 x day Business Growth Workshop at the end of November.
You can join us in the room in Sydney or online over Zoom.
We’ll be covering content and strategies highly useful to business owners of engineering, town planning, surveying and architecture consultancies.
Such as:
 
Business valuation, and 5 x smart strategies to increase your company's value. 
 
Core metrics to be tracked in your business and how they lead to efficiency and more profit. 
 
Upgrading your identity as a business owner to get you off-the-tools - so your business can really grow. 
You’ll also be masterminding and networking with other like-minded business owners.
We can’t overestimate how valuable this workshop could be to you and your business.
If that’s all sounding pretty good, send me an email with the word ‘WORKSHOP’ and I’ll send you more details.
To your success.
Josh
PS: If you’re interested, here are 4 ways I can help you right now:
- Looking to grow your consultancy? Our FREE weekly podcast is packed with the latest tips, tricks, and strategies for business owners in engineering, town planning, surveying, and architecture. Learn how to run a more efficient business and scale successfully – no fluff, just actionable and practical advice from someone who grew a consultancy to $30M and exited successfully– Click Here to listen & subscribe now!
- Download our free Business Plan template that will help you build out your 12 Month Business Plan & allow you to build your business in a consistent and step by step manner – Click Here to download now
- Book a 15-minute Business Growth Call. A short, no-obligation catch up where we can touch base and really look at where you are now, where you want to be, and then build a personalised plan together for how to get you there – Click Here
- Join us! We run a thriving community and training group for engineering consultancy business owners. In 2023, our members on average grew their revenue by 46%. If you'd like the same results or better - just send me an email at [email protected] with the word “PROGRAM” and I’ll get you some more information.
