Learn the steps for a smooth business partner buyout. Our guide simplifies how to buy out a business partner effectively.Our San Antonio contract lawyer helps businesses with vendor contracts, employment contracts, and partnership agreements. In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. We've created a detailed guide on effectively ending a business partnership. We've included our own experiences as well as our expert tips and tricks. 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. A buyout agreement is a binding contract between business partners that establishes the buyout details of one partner exiting the partnership. This may include a buyout agreement for situations in which one partner sells their ownership interest in the business. Over that, Superior court has jurisdiction.