Buy-Sell Agreements (US)

If you are opening or joining a business, congratulations! Believe it or not, it is now, at the start, that you should also be thinking about the possible end of the business arrangement. Many business owners rarely think about the day when their business arrangement may change or even end; however, the fact remains that in every multiple-owner business, buy-sell agreements (also called buyout agreements) are extremely important documents to consider. Unfortunately, they are often overlooked in a business plan. Buy-sell agreements can be one of the hardest documents to draft, which explains why so many are incomplete. So, where do you begin? Author L. Paul Hood Jr. is an expert on just such documents, and in this book, he guides readers through the process to create an agreement that will cover all the details.