If your business has several owners, have you thought about what may happen when one owner wants to sell their share and exit the company? Or if a co-owner becomes disabled or passes away suddenly? Have you thought about what it would be like to manage your business with a new, previously unknown, co-owner by your side?
Buy-Sell Agreements are unbiased, premeditated agreements between business owners that spell out what will happen in the event one owner wants to (or has to) leave the company and wants to cash out. Prepared in advance of such an event, it can help avoid or minimize conflict in what can be a stressful and potentially business-killing situation.
In this webinar, you will learn about the following:
• What is a Buy-Sell Agreement? When should you consider having one?
• Protecting the business from triggering events (the 5 D’s: death, disability, divorce, departure (voluntary or involuntary), and disqualification)
• What should the business owners consider and address in their agreements?
Presented By: Tom Williams
Tom Williams is a senior financial executive advising high net worth, institutional and corporate clients. Prior to working at his last two multi-family offices, he worked at firms such as Swiss Bank, PaineWebber, Bear Stearns and Deutsche Bank. He has been featured in a number of recognizable TV and print news sources such as Voice of America, RT, Bloomberg and Institutional Investor.
Tom currently lives in New York City but has previously lived in London, Australia, and Haiti and has spent considerable time in Sweden. He is a proud alumnus of the UCLA Anderson MBA program.