Sherrett Insurance Agency Ltd.
Estate Planning, Corporate Benefits, Investments, Insurance, Retirement Planning
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- Protect you and your family. Ask about life insurance.
- Buying a home? Own a home? Ask about mortgage insurance.
- Planning for retirement? Ask about RRSPs.
- Company need stability? Ask about securing funding.
- Company growing? Ask about employee benefit plans.
- Want long-term prosperity? Ask about succession planning.
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Buy-Sell Agreements
A buy-sell agreement, sometimes called a business buyout agreement, is an agreement between you and your partners or co-owners covering:
- When and under what conditions a partner or co-owner can sell his or her interest in the business.
- Who will be allowed to buy into the business.
- Circumstances that would require a co-owner to sell.
- What the price for that interest will be and how it will be determined.
A buy-sell agreement is a vital part of any small business that has more than one owner – including family businesses.
We can answer your questions, give advice on the type of agreement you need and calculate the value of your business.
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