Contracting with Hennepin County. We buy goods and services through a cost-effective, competitive, and fair process accessible to all businesses.When a partner in a business wants to leave the company, you may need a Minnesota business buyout agreements lawyer to help. Buying out a business partner can be done in several ways. In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. In this video, you get answers to these questions: How do you buy out a partner from a business? But the foundation of that success is laid with a rock-solid partnership agreement that spells out the key managerial and operational details of the business. This guide outlines the essential procedures for buying a stake from a business partner. These include creating the motivation behind the buyout. This book has a fillintheblank buyout agreement and instructions on how to incorporate it into your partnership agreement.