Two business partners launched a company together. After a few years, one partner sought to exit the business without compensating the remaining partner – despite shared financial obligations.
The departing partner attempted to leave without contributing to outstanding business debt, arguing that accounts receivable from previous sales would cover their share. However, this position failed to account for joint financial liability, putting the remaining partner at risk.
As a business valuation expert and fractional CFO, I worked closely with my client to ensure a fair and legally sound resolution. I challenged the departing partner’s claims by clarifying:
By leveraging valuation expertise and strategic negotiation, we secured the departing partner’s full debt repayment. This ensured my client could retain full control of the business without absorbing unnecessary financial strain.
When business partnerships dissolve, accurate valuation and strategic financial planning are critical to protecting your interests. Whether negotiating a buyout, selling a business, or resolving financial disputes, working with an expert ensures a fair and profitable outcome.
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