9781413326352-1413326358-Business Buyout Agreements: Plan Now for All Types of Business Transitions

Business Buyout Agreements: Plan Now for All Types of Business Transitions

ISBN-13: 9781413326352
ISBN-10: 1413326358
Edition: Eighth
Author: Anthony Mancuso Attorney, Bethany K. Laurence J.D.
Publication date: 2019
Publisher: NOLO
Format: Paperback 328 pages
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Book details

ISBN-13: 9781413326352
ISBN-10: 1413326358
Edition: Eighth
Author: Anthony Mancuso Attorney, Bethany K. Laurence J.D.
Publication date: 2019
Publisher: NOLO
Format: Paperback 328 pages

Summary

Business Buyout Agreements: Plan Now for All Types of Business Transitions (ISBN-13: 9781413326352 and ISBN-10: 1413326358), written by authors Anthony Mancuso Attorney, Bethany K. Laurence J.D., was published by NOLO in 2019. With an overall rating of 3.9 stars, it's a notable title among other Small Business & Entrepreneurship (Purchasing & Buying, Processes & Infrastructure, Contracts, Business Law, Franchising) books. You can easily purchase or rent Business Buyout Agreements: Plan Now for All Types of Business Transitions (Paperback) from BooksRun, along with many other new and used Small Business & Entrepreneurship books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.3.

Description

Head off disagreements with co-owners

It happens to any business that’s owned by more than one person: Sooner or later, one or more owners will want or need to leave the business. What happens when you’re ready to move on? Or what happens to your company if one co-owner wants to retire, files for bankruptcy, or goes through a divorce? Unless you plan in advance, it could threaten the survival of your business.

In short, it’s essential that you create a simple but effective “prenuptial agreement” for your company with a buyout agreement (buy-sell agreement). This document clarifies:

  • when you or your co-owners can sell ownership interests
  • the circumstances requiring an owner to sell (personal bankruptcy, for example)
  • how much departing owners can ask for their shares, and
  • how long continuing owners have to pay the former owner.

Business Buyout Agreements walks you through the creation of your own legal agreement―before issues come up and cause problems. It provides all the tax and legal information you need at every step, such as how to structure the agreement to avoid estate taxes. You’ll have a clear, fair agreement―and peace of mind.

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