In this episode of The BJJ Lender, host Shamier Choudhury dives into the world of buy-sell agreements, often referred to as the "business will." Discover why these agreements are crucial for business continuity, financial security, and conflict prevention when an owner exits due to unforeseen circumstances. Shamier breaks down the three main types of buy-sell agreements—cross-purchase, entity-purchase, and hybrid—and shares actionable advice on choosing the right one for your business.

We also explore how term life insurance serves as an affordable and effective tool for funding these agreements, ensuring your business remains resilient in times of transition. Plus, we cover other funding methods, including disability insurance, sinking funds, and bank loans, and discuss how to keep your agreement up-to-date to reflect changes in ownership ...