A Buy/Sell Agreement should address:
- Who will buy the shares
- What the terms of the sale will be
- When the sale will take place
- Where the money to buy the shares will come from
- How the shares are to be valued.
To ensure the agrement is viable, proper fuding must be in place. Without proper funding, agreements can fall apart. The remaining owners benefit from a funded buy-sell agreement because the business is able to continue with no loss of control for the existing shareholders. The ownership transiation is handled smoothly, quickly and effectively!
We can assist by helping you set up appropriate Insurance cover to fund this purchase.
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