Sunday, August 29, 2021

Should I become a partner?

I've been asked if I want to buy a third of the business I currently work for. I joined shortly after the company was started and there are just 3 of us at the moment working on it full time. If I buy in, it would be an even third equity owned per partner. I'd take the same pay as I currently do which again is the same for the 3 of us.

I'm not sure how to go about valuing the business in order to put a number forward to the 2 who are currently running it.

I do have access to the financial...

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