If you share ownership in your business with one or more other persons or parties, then ultimately your ability to successfully exit is likely tied to their ability to successfully exit. Your exit goals could undermine theirs, and the reverse. For example, one owner may want to sell the business and another may want to pass it to the kids. Or, one owner may want to sell at a lower price and another owner wants a higher price. Or, one owner may want to exit sooner and another owner wants to exit later. Nobody is right or wrong in these situations, the owners just have incompatible goals. Without alignment, you and your co-owners may find yourselves rowing your mutually-owned boat in different directions.
The resources below may help you and your business co-owners approach your exit planning needs, and achieve a successful exit.