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In this video, Greg Ros deba, CEO and co-founder of Dundas Life, emphasizes the importance of having a buy-sell agreement for businesses with multiple owners. This legally binding contract, often referred to as a business prenup, outlines the procedure for ownership transfer when specific triggering events occur. The main benefit is the establishment of a clear action plan that protects the interests of all parties involved. The tutorial covers essential details about buy-sell agreements and highlights how they serve as a proactive measure to ensure business continuity, particularly during challenging times. For further assistance, viewers are encouraged to click on the link in the description.
