If you are hoping to force your business partner to buy you out, the best thing you can do is carefully read through your operating agreement. 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.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 Agreement of Purchase and Sale (this "Agreement") is made as of this ___ day of. Securing financing for a partner buyout can seem challenging, especially when you haven't done it before. Click here to learn about all of your options. Learn how to finance a business partnership buyout so you can transition ownership as quickly as possible. Review your partnership agreement and the terms agreed to in the buy sell or partnership buyout clause. Virginia transaction attorney shares how to write an effective and legally binding business purchase agreement.