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Time to buy out your business partner? Here are four things to consider

buyout business partner

The pandemic and subsequent lockdowns afforded most of us time to stop and ask ourselves what we really want from our careers. With restrictions (hopefully) a thing of the past, is now the time to shake things up and go in a different direction?

Has the business you set up run its course and is it time for something new? Alternatively, it could be time to take the reins yourself and adapt your business to take advantage of the many post-pandemic opportunities in the technology sector.

It might even be time to buy out your business partner.

This parting need not be acrimonious. In fact, most buyouts are mutually agreed and ultimately a win-win. The partner with the most passion for the business gets a controlling interest, while the other gets to cash in the fruits of their hard work over the years....