When you are forming a business, the last thing that is on your mind is when you will sell it. You may even have the thought that you will “never” sell the business because you intend for it to get passed on.
Still, it is a question that can come up at any time. A partner can go through a messy divorce, or you could face a disability that keeps you from working. In any case, having a buy-sell agreement in place can be important for you and your business.