Thread: Money Buying out a Business Partner?
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Old 11-26-2012, 10:54 PM   #9
Saul Good Saul Good is offline
Quit your bullshit
 

Join Date: Jul 2005
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Quote:
Originally Posted by DaneMcCloud View Post
Hiring a CPA to "go over the book" is meaningless.

What you need is a valuation of the business. It doesn't matter if they put $100k into the business if it's worth $5k.

Good luck!
Agreed. As you're describing it, "buying them out" sounds like paying them to go away. That isn't worth anything.
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