Taking Care of Business While Protecting Your Personal Assets

At the Parma Area Chamber of Commerce Zoom at Noon on March 23, 2021, Larry Crowther of Wegman Hessler reviewed the different types of business entities and factors pertaining to the selection of an entity. He also discussed the importance of implementing a Buy-Sell Agreement in multiple owner situations while owners are agreeable on matters. The presentation also included an overview of the reasons for implementing a Buy-Sell Agreement, as well as review of Trigger Events, Valuation of Ownership Interests and Payment of the Purchase Price.

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Wegman Hessler specializes in business law for business leaders, applying legal discipline to solve business problems to help business owners run smarter. For more than 50 years, this Cleveland business law firm provides full-service strategic legal counsel for closely held businesses. Learn more at www.wegmanlaw.com.