When you are in business with a business partner, it is vital to consider the consequences and effects on the business if something happens to one of you. Specific events that may trigger a buy/sell option agreement include death, long-term disability, retirement, or bankruptcy. It is crucial to ensure that a proper succession plan is in place to continue with a minimum of disruption. Listen to this episode to know what to include, how to protect your business and what to avoid.

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