R. Shawn McBride recently published an article to the McBride For Business Blog on a topic that might be of interest: Buy-Sell Provisions: and The Kid Cutting The Candy Bar.
He examines buy-sell provisions which simply allows one owner to buy out the other if that becomes advisable for the future of a company.
You can see the full article here.
Each case is unique. Past results do not guarantee future outcomes. This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Each case is unique. Past results do not guarantee future outcomes. This article should not be treated as legal advice to any person or entity
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Make sure you download our free reports on how to build your company the right way: http://www.mcbrideattorneys.com/report-library/About the AuthorR. Shawn McBride — is the Managing Member of The R. Shawn McBride Law Firm, PLLC. Shawn works successful, private business owners in their growth and missions to make a company that stands the test of time. You can email R. Shawn McBride Law Firm or call (214) 418-0258.