Exit of Business Partners/Owners

The exit of a business partner is akin to a divorce, it can be a stressful time for all concerned.

Even if everything remains entirely amicable, all parties remain self-interested and need to receive a fair outcome from the event.

Then, of course, comes the very real possibility of tax consequences of such a change, not to mention administrative concerns if the result is a change to the overall business structure.

The process requires measured consideration and sound management to avoid disaster.