by Brian Hare, CPA, CGMA | Jun 9, 2022 | Business
Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic areas of specialization. However, there’s a major risk: the company can be thrown into tumult if one of the owners decides, or is compelled by...
by Brian Hare, CPA, CGMA | Mar 6, 2020 | Business
If your company has more than one owner, you can manage risk with your buy-sell agreement. Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and a liability policy. You can manage risk with the...
by Brian Hare, CPA, CGMA | May 4, 2017 | Tax
Private companies with more than one owner should have a buy-sell agreement to spell out how ownership shares will change hands should an owner depart. For businesses structured as C corporations, the agreements also have significant tax implications that are...
