Buy-Sell Agreements: Why Every Co-Owned Business Must Have One

Posted by Sean Green on in Business Formation
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_BAM1094Every business that is organized with multiple owners must have a functional buy-sell agreement. A buy-sell agreement is an arrangement between owners of a business by which the surviving owners agree to purchase the interest of a withdrawing member based upon some triggering condition. These triggering conditions may include Continue reading Buy-Sell Agreements: Why Every Co-Owned Business Must Have One