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If one partner wants to leave a business, what are the steps involved?
Lets say that 3 people were in business together for 30 years ...but then one of them started acting insane (not caring, singing randomly etc). What are the steps involved in dismissing them, assuming they were also one of your best friends? How would you handle it legally and ethically?
1 Answer
- 1 decade agoFavorite Answer
haha i learnt this a few weeks ago at school....if i remember right, all 3 of you would have to sell the business and all of you would get a cut of what it was sold on dependind how much you put in to buying the business....so then you and your other friend could buy the company off yourself