Fortify Your Business With a Cross-Purchase Agreement
A Cross-Purchase Agreement is a powerful tool for protecting your business in the event of an ownership change. Whether due to retirement, unexpected life events, or a partner’s decision to sell their share, this agreement ensures a smooth transition while preserving the integrity of your business. At Mike Garcia Financial, we specialize in creating customized Cross-Purchase Agreements that align with your goals and safeguard your future.
A Plan That's Designed to Protect Your Business
When a business partner leaves, the remaining owners often face uncertainty. A Cross-Purchase Agreement allows the remaining partners to buy out the departing partner’s share, ensuring the business stays in trusted hands. This type of agreement is particularly effective for businesses with a small number of owners, offering flexibility and control over ownership transitions.
Personalized Assessment
We take the time to understand your business structure, ownership dynamics, and long-term goals to craft a solution that fits your needs.
Clear Guidance
We’ll explain how a Cross-Purchase Agreement works and compare it to other options, such as entity-purchase agreements, so you can make an informed decision.
Seamless Execution
From drafting the agreement to coordinating with legal and tax professionals, we’ll handle the details to ensure everything is implemented correctly.
Ongoing Adjustments
As your business evolves, we’ll help you update your agreement to keep it relevant and effective.
How It Works
1
Let’s discuss your business and determine if a Cross-Purchase Agreement is the right fit for your needs.
2
We’ll create an agreement that ensures a smooth ownership transition and protects your business’s future.
3
From drafting to implementation, we’ll take care of the heavy lifting so you can focus on running your business.