Does Your Business Need a Buy Sell Agreement?
Does your business need a Buy Sell Agreement? Unless it is a sole proprietorship, yes, you do need a Buy Sell Agreement. As Detroit-based business attorney Zana Tomich explains in this video, the Buy Sell Agreement is vital to protect the interests of business owners and the viability of the business itself.
Buy Sell Agreements are also known as Shareholder Agreements, Shareholder Restriction Agreements or simply provisions of an Operating Agreement. They are extremely important to businesses that wish to remain closely held after an outside offer or departure, death, disability, divorce or deadlock.
Zana leads the Business and Employment Law practice group at Dalton & Tomich, PLC. Contact her at 313.859.6000 or for more information, visit our click here.
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About Us
The business and employment attorneys of Dalton & Tomich take your business just as seriously as you do. Attorneys Zana Tomich and Noel Sterett are trusted by closely held family businesses and others across Michigan and Northern Illinois as invaluable partners and counselors. We guarantee all your calls and emails will be returned within one business day so you can focus on what you do best: running your business.
Drew PatrickOwner & President, Skidmore Studio
Having worked with Zana for 10 years, I can attest to her professionalism, her pragmatism, and most importantly, her integrity. I always get sound, thoughtful advice and guidance. From routine filings & updates to the highly unexpected, Zana’s there to help, always responding quickly and […]
Read MoreChanel HamptonFounder & CEO, Strategic Community Partners
We highly recommend Dalton & Tomich! As a start-up firm that has rapidly grown across the country in under 5 years, Dalton & Tomich has been integral to our sound, credible, and excellent in standard infrastructure. As we’ve scaled, Zana has been right by our […]
Read MoreLuis HermosilloProfessional Photographer, Northern Illinois
As a professional photographer in the wedding industry, reliable communication is very important to me. Noel was very knowledgeable and quick to respond to all of my questions and not just that, he also gave me suggestions when reviewing and updating my contract. The entire […]
Read MoreMeredith SimpsonPrincipal, Group eX
Zana’s expert guidance has helped us to move forward with clarity and confidence in our business endeavors. She helped us create a new business entity, and a few years later to navigate a tricky buyout—all with a clear path forward for business growth. Her calm […]
Read MoreMorgan FedroHealth Coach, WellTours LLC, Oak Forest, IL
Noel’s guidance was much appreciated when redrafting my client contract. He was very professional, respectful of my time and potential costs, and was sincere with his advice. I trusted that he had the highest good for my business in mind. I will seek out his […]
Read MoreAmanda LewanCo-Founder & CEO, Bamboo Detroit
Zana’s expertise in employee law has helped us refine and build a stronger operations and hiring strategy at my company. As a business owner of a small and fast growing company, I very much appreciate Zana’s ability to always step into any situation quickly and […]
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