What Is A Buy-Sell Agreement, And Does My Small Business Really Need One?

A Buy-Sell Agreement, sometimes referred to as “buy-out agreements” or “business continuation agreements”, is a contract governing what happens to a business co-owner’s interests in a company when the business co-owner dies, becomes disabled, or leaves the business. Every small business needs a Buy-Sell Agreement in place. Without one, the business, partners and heirs may suffer from internal fighting, and the business may lose some of the goodwill the partners worked so hard to build, or the business may dissolve. Denton Peterson Dunn has decades of collective experience advising businesses of all types. We are ready to put our knowledge, legal understanding, and experience to work on your behalf so that you can be assured of legal compliance in your business operations and contracts. Reach out to Denton Peterson Dunn today to schedule your free consultation.