How to Use a Buy-Sell Agreement to Protect Your Business and Family
Article Abstract:
All small businesses should have buy-sell agreements. A buy-sell agreement is a contract concerning the sale and purchase of a business interest. It becomes effective at the death or disability of a business owner. Advantages to a buy-sell agreement include assured continuity in the business management and a fairer result than would occur if negotiated after the owner's death. Several types of buy- sell agreements are described. These include cross- purchase, stock-redemption and hybrid agreements.
Publication Name: The Professional Report
Subject: Business, general
ISSN: 0890-9288
Year: 1984
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NFC - A Paradigm of Privatisation
Article Abstract:
The structure for an employee buy-out of the National Freight Consortium is highlighted. This marked one of government's most daring and bold acts of privatization. The company could have been sold differently. The government set a fair price on the business so that management and workers could afford the price of the new shares.
Publication Name: The Director
Subject: Business, general
ISSN: 0012-3242
Year: 1984
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Getting a grip on your lease
Article Abstract:
Small business owners should carefully read a lease agreement before signing. Commercial lease agreements tend to be very complex documents that favor the landlord. Owners are advised to negotiate the shortest lease term possible and to lease in the name of their corporation.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1997
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