Fifty-three percent of family business owners have a buy-sell agreement. Are you one of them? A buy-sell agreement can protect your business against many unexpected events. When preparing your ...
When a group of people start, inherit or otherwise co-own a business together (like a traditional business, commercial building or farm), the operation will likely have more value as a collection of ...
Few business owners want to work with the spouses or children of a partner who can no longer perform their duties. In this situation, buy-sell agreements are best for severing ties. When a company has ...
In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...
Peabody Publishing LP, 2007, 324 pp. Predicting the future is practically impossible. For businesses, that uncertainty makes planning crucial. Z. Christopher Mercer offers a granular look at one ...
Since buy-sell agreements require its owners to transfer equity in the practice group upon termination of employment, death, disability, or retirement (each, a “Trigger Event”), the practice group ...
Sole practitioners should get a practice continuation agreement. I explained why in last week's column. I also suggested that you could apply that same advice to clients who are sole owners and ...
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