Breaking up is not always hard to do

Posted on May 1st, by editor in Caring Times. No Comments

Business relationships are complex at the best of times. More often they are fraught with difficulty and sometimes even the best of friends decide to part. When it comes to terminating a partnership, probably one of the most difficult situations of all results. Solicitors¹ bills can mount up on both sides and the emotional costs are set to run out of control, and if that were not enough, the business itself must continue, often without the careful guiding hand to meet the pitfalls of everyday business life. Redwoods Business Agents and Valuers specialise in selling businesses and recently found themselves responsible for solving all these problems at once. The business, a care home in Surrey, had been put on the market by a partnership of four people ­ two couples ­ and had an asking price of £1.6m. The business had prospered under their stewardship and their return on investment criteria had been met ­ but they all felt the need for a change. Separate conversations ensued and it transpired that one coup

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