Operating Now: Navigating Buy/Sell Agreements: Succession Planning for Business Owners

Description

Navigating Buy/Sell Agreements: Succession Planning for Business Owners

This presentation will focus on the importance of Buy/Sell agreements in business succession planning. Business owners will learn how to structure agreements that address potential triggering events, such as death, disability, or voluntary departure of an owner, ensuring the business continues to run smoothly and avoids costly disputes. Attendees will leave with practical advice on how to implement these agreements to protect their business’s future.

By attending this presentation, hospitality business owners will:

• Learn the purpose and benefits of having and maintaining a well-thought-out buy-sell agreement.
• Learn about the key components of a buy-sell agreement including approaches to business valuation, dispute resolution, and methods of payment.
• Learn about last year’s decision of Connelly v. United States and how it may affect buy-sell agreements and the use of life insurance.
• Gain insights into practical pitfalls in existing buy-sell agreements and how to avoid them.

Speaker:

Monroe Moxness Berg Law Firm

Location:

This event will be held via Zoom. A link to join the webinar will be sent via email after you register.