Biz2Credit: Have a Buy-Sell Agreement for Your Business

The death or disability of a business partner can destroy families, ruin friendships, close businesses and eliminate jobs.  But, fortunately, having a buy-sell agreement in place can help businesses owners, their friends and their families avoid such cataclysmic results. A buy-sell agreement is a legally binding document that allows for the orderly transfer of business from a deceased partner to the surviving partners.  It compensates the estate of the deceased partner, allows the business to keep operating and secures the jobs of its employees. (more…)
Read More