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Owner AgreementsBusinesses change over time, which is one reason it is important to address valuation issues at the inception of a business. Every business with multiple owners should have a buy-sell agreement that defines what happens when one of the owners dies, becomes disabled or departs the business, or if the owners want to part ways because they do not see eye-to-eye on how the business should be run. BMK can help you and your attorney define the terms of such agreements and review them periodically to make adjustments for any changes that may occur. It is good business to review your existing shareholder or buy-sell agreement on an annual basis. |
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