This guide outlines the essential procedures for buying a stake from a business partner. These include creating the motivation behind the buyout.Here the buyer and seller work out an agreement where the buyer makes monthly payments to the seller in exchange for ownership of the company. Learn how to finance a business partnership buyout so you can transition ownership as quickly as possible. In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. This article provides an overview of the benefits of transferring real property into LLCs, as well as the issues that property owners should consider.