Pathway to partnership: A program for emerging professionals
Emerging Partners Toolkit home page
Section 6: Ownership/buy-sell agreements
All businesses with more than one partner or owner can run into corporate governance issues that can damage not just the relationships among owners but also the value of their ownership interests.
Thinking through these potential issues, having specific mechanisms for dealing with them, and formalizing decisions made concerning them in legal documents as part of the corporate organizational process can prevent serious