it is a limited company and so we are both directors of the gym
we don't have a partner agreement no
Is there a Directors agreement or are you equal shareholders?
we both hold 1 share each or 'your personal gym limited. under that I have Paul Lang Heath and beauty which is my company and he has DGHall Personal Training. both operating at 'your personal gym limited
Ok - does the gym licence or have an agreement with either of these two other companies to allow them to operate at the gym>?
we are building the gym ourselves as our own company
So there is no formal agreement between the company that owns the gum and that running the classes etc?
i have an email confirming the use of extra rooms for classes on the gym lease. the building owners geymy business partner is trying to keep the proceeds of that as his pt business. Can you confirm that the offer of space on the Your Personal Gym's lease me
I agree. You should already have half.
You are in business together.
If he refuses then what you can do is terminate that agreement with the provider (which your friend owns)
There is no agreement, it can be terminated and your friend cant do anything
So in any event you are entitled to 50% you dont need to buy into it
Can I clarify anything for you about this today please?
Thats all thanks
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