Co-owners of a business generally assume that they will get along and share common goals as much down the line as at the founding of the enterprise or, if not, they will be able to “work it out.” Both assumptions are inherently faulty and dangerous. As business conditions and personal lives develop over time, people and their objectives often diverge, sometimes dramatically. If there is not a first-rate buy-sell agreement in place, the repurchase of shares can become an adversarial process. At a minimum, such a process will be a costly and time-consuming distraction. At worst, it can jeopardize the very survival of the company. Your valuation experts must be skilled in interviewing the owners, incorporating their respective goals and concerns, and working with counsel to develop a buy-sell agreement that works for all parties. To assess the fit between our skills and experience and your valuation needs, please click on About Us.