We've had a partner for 5 years but we want to go our separate ways

Technically speaking: there are two main factors in the decision to separate from a partner. Cost-benefit and risk management. Decide with data.

had this issue too thx. ended up having to find another way but really stressful situation.

another perspective: maybe the core problem with partner separation is something else... thnik about it like this...

Another perspective: maybe the core problem with partner separation is something else. Think about it like this...

Another perspective: maybe the core problem with partner separation is something else. Think about it like this...

Another perspective: maybe the core problem with partner separation is something else. Think about it like this...

Another perspective: maybe the core problem with partner separation is something else. Think about it like this...

Another perspective: maybe the core problem with partner separation is something else. Think about it like this...

Just a heads-up. Do a small three-month project before talking stocks, so you see each other.

Processes without records never improve, because you don't know what to fix.

Looking at it as a process, the picture changes. When you try to change everything at once, nothing settles.

This is my opinion, I'm not claiming it's absolute truth.

I'll try it.

Three different views emerged, they all complement each other. Don't hesitate to ask; those who don't ask always pay more.

The only thing separating friendship from partnership is a written contract. Of course, it varies if your situation is different.

You're right, I've been down that road too. The harder it is to reverse a decision, the slower you should make it.

If you post the result here, it will help others too.

We've heard this a lot, but it never happened like that for us. The real issue isn't the number, but what it's based on.

Don't hesitate to ask; those who don't ask always pay more. Just leaving this note, it might be useful.

I feel the same way. Just because everyone does it doesn't mean it's right.

If you don't write this down from the start, it leads to arguments later. This is my opinion, I'm not claiming it's absolute truth.

I'll try it. If decision-making authority isn't defined, it causes daily issues not just during exits.

This is my opinion I'm not claiming it's absolute truth.

Let me summarize the topic since several different answers were given. When you try to change everything at once, nothing settles.

If you get three different answers on a topic, the question was asked wrong. If you have questions, write them; I'll answer as best I can.

Yes, that's exactly how it is with partner separation. Valuation methods for exits must be defined by formula; "market value" isn't enough.

Mistakes made on the partner separation side are usually reversible but expensive. If you have questions write them; I'll answer as best I can.