When a partner in a business wants to leave the company, you may need a Minnesota business buyout agreements lawyer to help. A Minnesota Buy-Sell Agreement is common for "closely held" corporations and other business entities; for example, when there will be a handful of owners.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. In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more.