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An acceptance of your offer to invest in the business must be structured to comply with the in-force ownership agreement. The partnership, LLC and S-corp business structures all act as pass ...
Unexpected events such as bankruptcy, divorce or disability can have significant implications for business ownership. A buy-sell agreement includes provisions that protect the company and its ...
We know the power of ownership firsthand. Darren’s grandfather, a Black man born in the Jim Crow South, held only a third-grade education–but as a porter for a Texas oil company, he ...
This might include the company’s valuation, ownership structure and any debts ... such as establishing a prenuptial or postnuptial agreement or forming a trust to shield your business, can ...
Josh Baron is a Senior Lecturer at Harvard Business School, where he teaches about strategy, ownership, and family businesses. He is a co-author of The Harvard Business Review Family Business ...