Financial Education Center

Business Succession Planning Buy-Sell Agreements

A buy-sell agreement is a legally binding contract in which the owners of a business set forth the terms and conditions of a future sale or buy back of a departing owner's share of the business. Specifically, buy-sells control when owners can sell their interests, who can buy an owner's interest, and at what price.

Business Succession Planning

When developing a succession plan for your business, you must make many decisions. Should you sell? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest?

Ensuring a Seamless Transition in Leadership

To help businesses ensure a seamless transition of leadership, here are some key considerations we’ve learned from our own experience.

Is Your Company Poised to be a Buyer or Seller?

Our guest speaker John Hull, Managing Director of The Fortune Group and guest speaker, discussed financial and non-financial factors to consider in an acquisition, such as deal structure aspects, ideal timing of an acquisition, and if your business is poised to be a buyer or seller.

Consolidated Appropriations Act Provides Relief to Individuals and Businesses

On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. Major relief provisions are summarized here, as well as some additional tax provisions.

Clearing Obstacles to Sound Tax Policy

David Frederick, Adjunct Professor of Economics at Washington University, discusses some benefits and obstacles of using charitable strategies to sell a business.