Learn about the features and benefits of a buy sell agreement when considering the sale of your business. 

  • An owner’s interest in a closely held business often constitutes a significant part of his or her overall wealth.
  • A buy sell agreement is an invaluable tool to help preserve a business’ long-term viability, ensure that each departing owner receives a fair price for his or her interest, and establish a funding source for the purchase of each departing owner’s interest.
  • The buy sell agreement should be treated as a “living document” that will evolve as a business moves through its life cycle and the owners’ personal circumstances change.

A buy sell agreements has many benefits, the most critical of which is to help current owners maintain control and to preserve the marketability of ownership interests.

Please see disclosures at the end of the article for important information.

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