Buy Sell Planning – Part 3: Who Buys the Business InterestBuy-Sell Agreement • April 11th, 2011
Contract Type FiledApril 11th, 2011Part of any good business plan is an exit strategy if the unexpected happens. A good Buy-Sell Agreement should anticipate certain unfortunate but foreseeable events, and make sure a plan is in place that is fair and reasonable for the owners and the business itself. One important detail to include in any Buy-Sell Agreement is: Who has the right to buy an owner‟s interest after a triggering event occurs? There are a few main options discussed below.