Business partnerships are often built on trust and shared goals, but unforeseen events can disrupt the harmony. A buy/sell agreement is a strategic tool designed to address these uncertainties, providing a roadmap for buying or selling a business interest under specified circumstances. In this guide, we’ll define the concept and
Purchasing a going concern can be a great way to go into business. The company you are buying may already have established customers or clients, smoothly running operations, trained employees, and cash flow. But buying a business can be risky – it requires dedicated due diligence. The following are ways
It is important to plan for the future of a business, but life can be unpredictable. A buy/sell protection plan is designed to help keep your business secure if the unexpected should occur. What Is a Buy/Sell Agreement? A buy/sell agreement is a contract between business partners, stipulating how a
