Provides advice and legal forms for creating a business buyout agreement, detailing when co-owners can sell interests, who can buy into the business, and how much departing owners can ask for their shares.
This is the only book that helps business owners create a buyout plan, or buy-sell agreement for their business. Like a prenuptial agreement, a buy-sell agreement plans is advance for owner transition such as divorce, retirement or death. Without one, owners risk jeopardizing their investment in the future of their business. A fill-in agreement is provided with the book.
Plan Now for Retirement, Death, Divorce or Owner Disagreements
Author: Bethany Laurence J.D.
Create a "business prenup" and protect your business if a partner leaves If you're like many entrepreneurs, being in business means working with one or more co-owners. But what will happen to your company if you or a co-owner: wants out of the business wants to retire goes through personal bankruptcy wants to sell his shares to someone else goes through a divorce or passes away? Business Buyout Agreements walks you through the creation of a legal contract -- a sort of "premarital agreement" for your business -- that protects everyone's interests. This book will help you create documents to help ensure a smooth transition following someone's departure. Clarify: when co-owners can sell their interest the circumstances when someone must sell who can buy into the business what price will be paid The 5th edition of Business Buyout Agreements is updated to incorporate changes to estate tax law and discounts for small business valuation. Plus, it includes a complete business buyout agreement on CD-ROM. The CD-ROM that accompanies the printed version of this book includes forms or other tools; in this eBook, you'll find all those documents in the appendix or at the back of the book.
Most small business owners, can't afford to hire a lawyer to draft the legal documents they need in the course of day-to-day business. Now there's an affordable solution. Legal Forms for Starting & Running a Small Business provides over 60 legal forms and documents and all the step-by-step instructions needed to use them. This collection of essential legal and business documents helps you: create contracts to buy, sell, rent, or store goods hire employees and consultants protect your trade secrets create noncompete agreements prepare an LLC operating agreement borrow and lend money buy a business lease commercial space prepare corporate bylaws record minutes of meetings buy real estate, and and much more. This edition is updated with the latest legal documents, contracts, and other forms you need to run your business smoothly, along with up-to-date best practices for business owners and managers. Legal Forms for Starting & Running a Small Business includes all the information and instructions you need to complete and use your forms effectively.
Plan Ahead for Changes in the Ownership of Your Business
Author: Anthony Mancuso
Category: Business & Economics
If you're like many entrepreneurs, being in business means working with one or more co-owners. o make sure there's a smooth transition following someone's departure, it's essential that you create a sort of "premarital agreement" for your business with a buy-sell agreement. Buy-Sell Agreement Handbook walks you through creating your own buy-sell agreement, which is included on CD-ROM and as a tear-out. It provides all the tax and legal information you need at every step, including how to avoid estate taxes with the agreement. The 2nd edition, completely revised and updated, covers the latest estate-tax changes and how your agreement can affect your estate taxes. Book jacket.
This book, with its focus on developing essential skills, provides a new approach to teaching business planning courses. The author uses numerous case studies and reader-friendly formats to examine a range of planning challenges faced by businesses of all sizes. The challenges go far beyond start-up and sellout issues to include executive compensation, co-owner planning, fringe benefits, life insurance and asset protection planning, entity conversions, employee risks, competitor collaborations, diversification strategies, transition planning, and more.
Acquisitions, mergers, sales, buyouts and takeovers are challenging, interesting and complex transactions. They require a concentrated effort by a team of business managers and professionals working in close cooperation to achieve a successful result. This is a guide to all phases of buying and selling businesses.