Business Continuation/Buy Sell Agreements
Having an up to date properly structured buy/sell agreement between owners is imperative to ensure a company’s survival in the event of an existing owner’s Departure, Divorce, Disability or Death. A poorly structured buy/sell agreement can often times be worse than having no buy/sell agreement at all. It could create obligations for remaining owners with no realistic means for execution as well as adverse tax consequences. At Meridian Business Consultants we have extensive experience in working with business owners and attorneys to ensure the successful design, implementation and management of these plans.