Buy-Sell Agreements

A buy-sell agreement, also known as a buyout agreement, is an agreement between co-owners of a business that controls how a co-owner's interest in the business is sold or transferred when the co-owner leaves the business, either voluntarily, involuntarily, or dies. A buy-sell agreement should be a part of any business you start or join because without one you could own a business with someone you do not want to or cannot work with.