Friday, October 28, 2005

Shareholder/Partnership Agreements: Creating a Buy-Sell Agreement

Category: Business Law and Planning

From Bplans Blog, and excellent essay on the value of a Buy-Sell Agreement, and the issues you need to think about in creating one.

"Think of a partnership agreement as a "prenuptial" agreement between you and your business partners. You don't expect to have the partnership break up, but you just never know what could happen down the road. "

The article focuses on a discussion of what valuation means in relationship of a Buy-Sell agreement, including different valuation approaches, and the need to revisit the approach taken as the business grows.

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