What Is A Buy-Sell Agreement And Why Every Business Needs One

A Buy-Sell Agreement is a legally binding agreement between co-owners of a business that governs how a co-owner’s ownership interest is handled if that co-owner dies, is forced to leave the business, or chooses to leave the business. The situations where a Buy-Sell Agreement would be triggered include a co-owner attempting to sell his ownership interest to a third party, divorcing a spouse, declaring for Read More