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This is another great article, but you might be a little biased. I know I am as a solo searcher. To me, finding a great partner is every bit as difficult as finding a great business. Essentially doubling the search effort, but as you stated you will have twice as many eyes to help the search after you have a partner, so it somewhat makes up for that difficulty. Maybe you already knew a great partner before starting, if so, that makes it easier.

Another aspect not mentioned is the added difficulty selling a two owner/operator business when you intend to exit. I know that most of the time when I find a business with more than one owner/operator, it increases my risk when buying it. This increase is a result of having to either do the work of both owner/operators, or immediately have to hire to replace the extra owners. Not to mention the fun some brokers play with the add backs on these multi-owner/operator companies because they only work 10 hours/week each, right? Obviously, if you are buying a two owner/operator company with a partner, that is a great fit, but would still lower it marketability compared to a one owner/operator company.

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