Structured Buy-Sell Agreements

Businesses with multiple owners have special needs and issues to be addressed.  In fact, in business situations where multiple owners are involved, a properly structured buy-sell agreement is a must.  If one or more of the partners leaves, or if he or she passes on, having the right agreement in place simplifies matters immensely.  While it’s never easy to see a valued partner depart, a structured buy-sell agreement can ease the transition, and clearly define what should happen next.

The advisors at Genesis are experienced in all matters of business.  Our experts can work with you, and your partners, to create a structured buy-sell agreement that balances the financial needs of the departing owner, or that owner’s estate, with the financial needs of those who remain involved in the business.

We will study your business goals, and discuss matters with you and your partners, so that we understand what you hope to accomplish.  After understanding and assessing the unique issues surrounding your business and your partnership will we assist you in drafting a structured buy-sell agreement that works for you. The right buy-sell agreement will help determine what events trigger a buyout,  who can purchase the departing partner’s shares, and the value/price of each partner’s interest.

Your structured buy-sell agreement is a “business will.”  It determines what happens to your business when the ownership begins to break up.  In most cases, this can be done in an equitable manner that addresses the needs and preferences of all the partners, and contributes to a smoother transition after a partner leaves the business.