When it comes to buying and selling, it’s critical that you understand the difference between public and privately held companies. While there is a readily available market for public ownership, buying and selling within a private partnership or company can be a bit more complicated.
In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss why buy-sell agreements are so important and what you must know about them.
In this episode, you will learn:
- What the common triggers are for buying and selling in a privately-held company
- How business structure may impact your buy-sell agreements
- Why you should account for capital gains taxes in these documents
- Why a “wait and see” strategy can be beneficial
- And more!
Tune in now to learn about the importance of buy-sell agreements!
Resources: Copper Beech Financial Group