236, RE: 50/50 partnership buy out Posted by greyghost, Fri May-08-09 01:55 AM
When you meet with your accountant or lawyer also discuss the use of a shotgun clause to provide some business exit options. The busines net worth appears to be less than your partner's evaluation and a shotgun clause would force her to accept her own offer. You would sell the business to her at the price she is offering. This forces both partners to recognize the real value of the business.
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