This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC.
Small and mid-sized business owners without buy-sell agreements increase risks of negative outcomes for their families, partners and employees should they unexpectedly pass away or become disabled.
Negative ramifications include control struggles, unfavorable terms of a sale for your family members and business disruptions impacting revenue and profits.
Reviewed in the full PDF…
… is how buy-sell agreements are frequently funded by insurance policies and structured to increase surety for an owner’s family, partners and employees.
Greater Los Angeles and Southern California business owners looking at creating or modifying a buy-sell agreement can benefit from talking with a provider of outsourced CFO services.
An on-demand CFO brings expertise on both the client side and the services side helping business leaders structure buy-sell agreements that proactively address the concerns of all parties, as well as reduce potential negative outcomes for them when a buy-sell agreement is not in place.