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Shareholder/Partnership Agreements: Prepare for the Worst and You Will Succeed

So you are starting a new business and you and your partners are really excited about the endless possibilities that await you. The last thing you want to think about is the worst-case scenario — the failure of the business or a partnership gone wrong.
Failure to plan and lack of funding are both leading contributors [...]

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Plan for Changes in LLC Ownership with Buy-Sell Provisions

Many, if not most, LLC owners overlook a critical element of their operating agreement that can save them both money and angst: buy-sell provisions. When you create buy-sell, or buyout, provisions for your operating agreement, you and your co-owners can prepare for events that have been the downfall of more than a few successful small [...]

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Plan for Ownership Changes with Shareholders

While diligently filing articles of incorporation and adopting bylaws, many corporate owners overlook a critical element of their business relationship: buy-sell, or buyout, provisions. By creating a shareholders’ agreement with buy-sell provisions, the owners of a small, privately held corporation can prepare for events that have been the downfall of more than a few successful [...]

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Plan for Changes in Partnership Ownership with a Buy-Sell Agreement

Many business partners overlook a critical element of their partnership agreement that can save them both money and angst: buy-sell provisions. When you create buy-sell, or buyout, provisions for your partnership agreement, you and your partners can prepare for events that have been the downfall of more than a few successful small businesses — namely, [...]

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Financing While Maintaining Equity

When starting a new business you may need start-up funds but lack the money to invest yourself. What are your options, can it be done without losing equity in the company?
Start off by thinking about it from the other side. If you had $500,000, what would make you want to give it to you and [...]

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