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
Business Buyout Agreements is updated with the latest laws, and includes a complete business buyout agreement on CD-ROM.
