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Cake day: November 2nd, 2023

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  • You need a good business valuation with 36 months of projections in order to answer this question. Just saying what you do in revenue isn’t enough to make a decision.

    You’d also need to analyze draws/payments from the business to determine accurate equity balances.

    Do you and your partner earn the same amount from the business or do you put in similar levels of work to obtain that revenue?