A Buy Sell Agreement Services Bay Area is a legal contract that guarantees a buyer for your business, and provides a means of funding a purchase. You typically negotiate a buy-sell with partners, shareholders, the management team, or key employees. The agreement commits them to buy out your share of the business if you die or become disabled. The process for valuing the company is agreed upon up-front, when the deal is struck. Life insurance and disability insurance are often used to provide the necessary funding.
Your family benefits by automatically having a cash buyer for the business. Your buyer benefits by being able to continue operations without fear of interference from outsiders who are unfamiliar with the business.
Exit Strategies Group, Inc. provides independent valuations and consulting to create, fix and administer buy-sell agreements.
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