Buy -Sell Agreements
If you are in business with other people, the reality is that at some point, you will not be. As with any personal or professional partnership, communication is key. By working together to create a buy-sell agreement – before someone leaves the business – you can create a strong foundation for your partnership and ensure that you are starting on the same page.
Already in business but haven’t looked at your agreement in a while? COVID-19 brought tremendous changes for nearly every type of business. In response to the changing business landscape, you likely reviewed your business model and made significant changes to your staffing, business processes, and more – but have you done the same for your agreement?
Whether you are starting a new business or revisiting the agreement you already have in place, there is no time like the present to ensure that it still reflects your intent.
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