A Buy-Sell Agreement Will Ensure You Have Not Overlooked Important Steps

24/9/2019 0 Comments

A Buy-Sell Agreement Will Ensure You Have Not Overlooked Important Steps

Ok, so your multiple owner company business is running just fine and has become quite successful. You have written up a good business plan for continued growth, marketing, and finances. You made sure you are well insured and have even been bonded to prevent any future risks. That said, you did overlook one very important plan.

Where is your plan for covering any unforeseen events that could crop up? You have a partner that wants to leave the company or you must remove someone due to their bad practices. If you don't have a BSA, buy-sell agreement, in place, this could hang over your head for a very long time.

You Need A Plan For Different Partner Issues:

• A partner dies and his estate and heirs want to come into the business and make decisions.
• Your partner wants to leave the business.
• A partner is divorced and his ex-spouse wants his interest in the company.
• A partner is claiming bankruptcy and his creditors want his interest in the business.
• Your partner must be removed due to misconduct or has broken the law.

Are you in a position to address any of these issues or not?

These situations are only the tip of the iceberg that can disrupt your smoothly running operation. For only $1,000 you can avoid these issues with a BSA from us.

- Yoel Molina,Esq.
‘Our only goal is your success’

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Author

Yoel “Mo” Molina, I am a lifelong resident of Miami, Fl. I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S. 1997 and University of Maine School of Law, J.D. 2001. I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office. I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters..

"Mr. Molina has always been there for us with timely, reliable and competent advice. He is an important and valuable part of our team." Corporate Client Eric Delgado, President of American International Export, Inc., a worldwide importer and exporter of brand name appliance parts.

"Yoel has been responsive and attentive to our company’s best interests and needs. He has been a valuable resource to our company. Any company that enlists his services would be in good hands-- including our own clients.” Corporate Client Gibran Flynn - Co-Owner and Founder of Eleva Solutions, Inc., the South Florida leader of outsourced HR, Staffing, Training, and Loss Prevention.

"My name is Anastasia Yecke Gude and I am the owner of Healing Hands Therapeutic Massage LLC. In the process of my company’s growth and expansion, I suddenly found myself a few weeks ago in need of a 1099 contractor agreement, and I needed it ASAP. As in, the very next day! I contacted the Law Office of Yoel Molina and his assistant put me in touch with Mo. I sent him what I had drafted up and he replied within a few hours with suggested revisions and clarifications, as well as a few insights I had not even considered. I was thoroughly impressed by the quality of work he provided, especially considering the time crunch I put him in (sorry, Mo!). I definitely recommend his services to anyone in need of a good contract attorney, and I will be calling him again for future work…hopefully in less of a rush next time!"

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