Transferring Your Business To A Partner or Family? Here’s How To Do It

Image via Jon Tyson on Unsplash

Questions to Ask

Methods of Transferring Ownership

Selling the Business

Adding New Pies aka Partners

Giving it to Another Pumpkin

Lease-Purchase Agreement

Transferring Ownership: A Simple Walkthrough

1: Navigate Choppy Waters

2: Update Operating Agreement

3: Issue Membership Certificate

Selling a Sole Proprietorship

How To Change Ownership of a Corporation

Limited Liability Company (LLC)

Partnerships

C Corporation

S Corporation

FAQs

What happens if I die?

How do I close the sale?

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