Learn the steps for a smooth business partner buyout. Our guide simplifies how to buy out a business partner effectively.If you have an operating or partnership agreement with a buyout provision, you may be able to force your business partner to buy you out. In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. Draft, negotiate, and implement a buyout agreement successfully with the guidance of our experienced shareholder buyout agreements attorney in Houston, TX. Learn how to buy out a member in an LLC and create an LLC buyout agreement that protects your interests in this guide. Finalize the Buyout Agreement: Make sure that all terms of the buyout are clearly laid out in a legally binding agreement.