I have a 50% stake in a retail online start-up that has been in business more than a year. I got accepted to business school and start in August 2013. My partner claims that I will not be motivated to run the company and wont have time as well. I disagree but either way I think is best for us to part ways. Im in charge of the day to day operations and I built all the relationships with our suppliers. He takes care of the graphic design and accounting work. I wanted to know how I can determine a fair evaluation of what I should get for my 50%. Im also willing to help him with the transition and sign a non-compete.
Thanks for all your feedback