legal, equity, united-kingdom, private-company, sharesIn the UK, does a shareholder in a startup have a right to ask about complete details of the company’s cashflow? (who earns what salary, how much money is paid for the office, etc)
What rights a shareholder has should be documented in the shareholder agreement and other documents.
However it’s usual practice to send out a monthly ‘executive report’ to shareholders which should give them a monthly overview of what they need to know.
That includes cash flow, sales, marketing, update on actions taken that month. Anything else agreed on that should be regularly reported.
All content is licensed under CC BY-SA 3.0.