To reach a fair buyout agreement, you must understand your partner's stake in the business. If you're planning a buyout, getting a buyout agreement in place is essential.But how do they work exactly? A formal agreement needs to me made on the value of the business to decide what each partner's current holding is in the business. Learn how to initiate a buyout agreement effectively with this comprehensive guide. Buying out a business partner is a complicated process. The answer to these questions will inform everything from buyout structure and financing to conducting valuations and outsourcing expertise. The purpose of the Agency's provision of. This guide outlines the essential procedures for buying a stake from a business partner. These include creating the motivation behind the buyout.