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  #11  
Old 08-01-2001, 06:05 PM
roscioli roscioli is offline
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Join Date: May 2001
Location: Sturbridge, MA
Posts: 749
Am I stupid? Is it too simple or does this work: How much the business could sell for divided by 2. ????. Looks like you have a good deal of equipment, what about trucks? Do you each use your own personal trucks? Figure out a price for equipment, divide by 2, add 3500 for the accounts and presto, instant answer. Am i wrong?
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Michael Roscioli
Sold my landscape business in 2003
Live for today, because tomorrow only exists in your imagination, and yesterday only in your memory.
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  #12  
Old 08-01-2001, 09:37 PM
peewee peewee is offline
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Join Date: Apr 2001
Location: peterborough,Ontario
Posts: 43
you always thought maybe one day you would buy him out, so .. what about the shotgun situation. I believe it works in such a way that you come up with a figure that you would be willing to buy him out for and he has the choice to either exit or pay you the same amount you would have paid him. It sounds fair to me and if it really is profitable,you may not even want the other business venture. good luck.
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