I own 50% of a small business that does around 90,000 in revenue per year. After expenses, it’s closer to 70-75,000 for the total business net income.
If I wanted to sell my half to my partner, what would be a reasonable offer that I should accept?
I own 50% of a small business that does around 90,000 in revenue per year. After expenses, it’s closer to 70-75,000 for the total business net income.
If I wanted to sell my half to my partner, what would be a reasonable offer that I should accept?
If he doesn’t want to make you an offer, what’s preventing you from selling your half of the business to someone else? If that’s possible, take a look around for a better offer.
That alone might bring him to make a reasonable offer… he probably won’t want to risk potentially having to share his business with someone he doesn’t know, who could potentially be a wild card.