Anthony Mancuso, Bethany K. Laurence “Business Buyout Agreements: A Step-by-step Guide for Co-Owners"
NOLO | 2007-06-15 | ISBN: 1413306489 | 336 pages | PDF | 2,05 MB
Everything partners need to create a "business prenup" that will protect a business if someone leaves.
If you're like many entrepreneurs, being in business means working with one or more co-owners. But what will happen to your company if a co-owner:
wants out of the business
wants to retire
goes through personal bankruptcy
wants to sell his shares to someone else
goes through a divorce
or passes away?
Business Buyout Agreements walks you through the creation of a legal contract -- a sort of "premarital agreement" for your business -- that protects everyone's interests.This document will help ensure a smooth transition following someone's departure. Clarify:
when co-owners can sell their interest
the circumstances when someone must sell
who can buy into the business
what price will be paid
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