A buy-sell agreement, also referred to as a buyout agreement or business continuity agreement, is a contract that provides for the sale of an owner’s share of a business should certain events occur. When you start a business with one or more partners, your intention is to be in it for the long haul. If …
Read More »
Business owners leave their companies under many different circumstances and each owner’s vision of the next chapter of their life is unique. But all have some common objectives when eventually exiting their business: To leave their business in the hands of successors you choose To leave on a date you pick To leave with the …
Read More »
#3 in a Series of Three Articles on Key Employees Having the right people in the right positions is the foundation for a cohesive culture, seamless operations and greater success. It’s especially true for those who are considered “key” employees, who are also critical to a successful exit strategy. My most recent blogs focused on …
Read More »
#1 in a Series of Three Articles on Key Employees Every business owner knows the importance of having the right people in the right positions. When that’s the case, your company has a cohesive culture, continuity of vision, seamless operations, and forward motion. Obstacles and struggles are few. Having the right people is especially critical …
Read More »