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Why You Need a Buy-Sell Agreement

In Business Tips, Partnerships by Larry DonahueLeave a Comment

Changes in small business ownership can be costly, and negatively impact the business. If you are in a small business partnership, you should establish a buy-sell agreement to pre-determine what will happen if one of the partners leaves the business. You may not anticipate that either of you will leave; however, death, divorce, changes in circumstance, a risky economy and …