All business owners are welcome on Buy-Sell Agreements Online.  We use the term "business owners" inclusively.  Business owners are those who own (or control) businesses and those who own minority interests in them.  The businesses we refer to come in many forms, including:

• C Corporations
• S Corporations
• General or Limited Partnerships
• Limited Liability Corporations
• Professional Corporations (or LLCs or Partnerships)

Buy-Sell Agreements Online has been developed to provide information and insights to you and your advisors develop buy-sell agreements that will accomplish this important goal – providing reasonable resolutions for all future transactions that occur based on them. Virtually all successful businesses of all kinds above with two shareholders have buy-sell agreements.  However, there is a very good chance that your existing buy-sell agreement will not accomplish this important goal when they are triggered. You may ask a legitimate question at this point: "What makes you think you know enough (or anything at all!) about my buy-sell agreement to make such a statement.?"  The unfortunate truth is that many, if not most, buy-sell agreements are ticking time bombs and will not provide reasonable resolutions and reasonable transactions.

• Your fixed price buy-sell agreement, if you have one, has probably not been updated.
• Your formula buy-sell agreement may have an unworkable formula, one that is no longer relevant, or even one that is indecipherable.
• Your buy-sell agreement with a business valuation process to determine the price of transactions may have unclear guidance for appraisers and may fail to provide for their qualifications, or that their work be conducted in accordance with prevailing business valuation standards.  And it likely doesn’t spell your agreement concerning the treatment of any life insurance owned by the business on your life or the lives of fellow owners.

Explore this section of Buy-Sell Agreements Online and find information that will be helpful if you are drafting a new buy-sell agreement or reviewing an existing agreement.  Refer your attorney, your accountant and your financial advisor to this site.  Information here can help them help you with your goal — assuring reasonable resolutions for all future transactions that occur based on your buy-sell agreement. If you can’t find what you are looking for or have suggestions for additional content on this site, please e-mail Barbara Walters Price at priceb@mercercapital.com and we’ll do our best to update the site as appropriate. Can’t wait?  Order Buy-Sell Agreements: Ticking Time Bombs or Reasonable Resolutions? now.