Buy Sell Agreements::Business planning for unexpected events. Sunshine Coast Lawyer- Argon Law
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What happens when a business partner is severely sick or dies?
What is a Buy-Sell Agreement and how can it prevent negative outcomes from an unexpected event?
John Gallagher, solicitor from Argon Law provides the information your business needs in the likelihood of losing a business partner, either to a personal sickness or unexpected tragedy.
Options within a Buy-Sell Agreement allows the exiting partners share to be sold to the ongoing partners.
The agreement determines how the interests of an exiting partner are valued and how the continuing partners will fund the business.
This video explores these concepts and provides you with business planning options, to ensure your company survives during a rough time.
Do you require legal advice? Contact Argon Law via the links listed below.
You can find us at http://www.argonlaw.com.au/.
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