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Virginia Sale of a Business Package  Form

Virginia Sale of a Business Package Form

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Instructions and help about Virginia Sale Of A Business Package

hello my name is Van Smith managing partner here at Smith strong and today I'd like to talk to you about Buy sell agreements for businesses you've devoted a big part of your life to building a business and watch it grow and now it's time to hand off a portion or all of it to a trusted successor maybe that's your child or son or daughter maybe it's a family member maybe it's just a trusted new Young partner that you've watched grow and now it's time to award them the business in consideration for a lump sum or a combination of lump sum and a periodic payment each month for a number of years at any rate that is a buy sell agreement and when it's time to do it let's make sure we do it right we meet with business owners every day in this office to craft buy sell and succession planning agreements it's critically important there are 10,000 Baby Boomers retiring every day in this country and a number of t

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