The Buy-Sell Agreement – the Soul of a Succession Plan

| Business Miscellaneous

By Mike Alerding     It has always amazed me how many businesses are running today without the benefit of an enforceable, reasonable and affordable buy-sell agreement. What is even more amazing is that many of these businesses are mature companies where the effects of not having a buy-sell are often more critical as the patriarchs begin to look at retirement and begin to get serious about a formal succession plan. Simply put, the soul of every good business succession plan is an effective buy-sell Read more [...]