VALUE JUDGMENT: Karen Rice, a certified valuation analyst at the Providence accounting firm Kahn, Litwin, Renza & Co. Ltd., says it is important for business partners to agree early on about how the value of a company will be calculated to determine how an exiting partner will be compensated. PBN PHOTO/MICHAEL SALERNO
When starting a new business, the last thing on an owner’s mind is the moment they will walk away from it. But drafting an exit strategy is just as important as drafting a business plan, especially when setting up a venture with multiple business partners. Failing to do so can get messy. “Sometimes the situations…
You must be a paid subscriber to read this content.
To keep reading and receive unlimited access subscribe today for only $1.
Subscribe NowAlready a Subscriber?
Login now
Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.
Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.
