You will need a sale agreement where you will reallocate your share amongst the 3 of you. You should also sign an operating agreement now so that the rules are clear. You guys will need to use some reasonable way of valuing the business, so that you can use the valuation to determine the third partners cost to enter.

Yes, the second half of 2023 has been a fall off the cliff kinda year, whereas everything had been great for a year and a half prior. I have heard budget cuts and cost cutting everywhere. We are already in a recession

Does Gusto offer 401k plans?