Selling a business in Houston? Learn key legal steps, from contracts to compliance.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. Finalize the Buyout Agreement: Make sure that all terms of the buyout are clearly laid out in a legally binding agreement. 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. I want to buy him out, or have him buy me out for a fair price. How should I approach the situation? Learn how to initiate a buyout agreement effectively with this comprehensive guide.