Learn the steps for a smooth business partner buyout. Our guide simplifies how to buy out a business partner effectively.In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. Buying out a business partner can be done in several ways. If your business partner disputes the validity of the buyout agreement or refuses to buy out your interest, you can take legal action. In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro. What should be included in a buyout agreement? You may use the conventional partnership buyout calculation to estimate the value of your partner's share in the business. Learn how to buy out a member in an LLC and create an LLC buyout agreement that protects your interests in this guide.