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    Business Buyout Agreements: A Step-by-step Guide for Co-Owners

    Posted By: tot167
    Business Buyout Agreements: A Step-by-step Guide for Co-Owners

    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