Buy/Sell Agreements

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Why Does a Business Need a Buy/Sell Agreement?

Business Divorce Buy/Sell Agreements

In any business with multiple owners, there is a good chance that at some point, one or more of those owners may no longer be affiliated with the company, whether by choice, death, bankruptcy, or divorce. It’s important for business…

What is a Business Valuation?

Small Business Law Business Divorce Buy/Sell Agreements

Business valuation is a process and a set of procedures used to determine what a business is worth. While this sounds easy enough, getting your business valuation done right takes preparation and thought. A good buy sell agreement is not…

Why should I Have a Buy/Sell Agreement?

Buy/Sell Agreements

As a business owner, having a buy/sell agreement protects your interests and helps avoid potential conflict with your fellow business owners. Many business owners work their entire lives to develop a successful business, only to have the company significantly lose…

What Should My Buy/Sell Agreement Contain?

Business Divorce Buy/Sell Agreements

What should my buy/sell agreement contain? Each buy/sell agreement must be tailored to meet the unique circumstances of the particular situation. It can be part of an operating agreement or a stand alone document. Competent legal and tax advice must…

When Should I Develop My Buy/Sell Agreement?

Business Divorce Buy/Sell Agreements

A buy/sell agreement should be one of the first articles that a company drafts as it is business necessity. A buy/sell agreement is a binding contract between you and your co-owners that defines who can buy a departing owner’s share…

Memphis Business Lawyers: What is the Purpose of a Business Valuation?

Business Divorce Buy/Sell Agreements Small Business Law

Memphis Business Lawyers A business valuation is basically a process by which some outside party, perhaps… there’s certified business valuators out there, accountants. There are a number of different professionals that can provide a valuation, and they can come in…

Can My Business Partner Force Me Out Of My Company?

Business Divorce Buy/Sell Agreements

Can my business partner force me out of my company? One of the worst things in business is to have a minority shareholder, well, the only thing as bad as that is to be a minority shareholder, because again, if…

business woman arguing with business man

What Are Buy/Sell Agreements?

Buy/Sell Agreements Business Divorce Small Business Law

They’re called buy sell agreements, buyout agreements, or even business prenup’s, but whatever you call them, every business needs to have an exit strategy in place in the event an owner leaves the business. When no plan is in place,…