Quote:
Originally Posted by andrewfirth  Hi Pete,
I would also consider talking to the client whose debt was written off and seeing if there was any problem with the work performed or if in fact the invoice was paid and your partner has siphoned the money from the business and written off the debt. The outcome of this enquiry may impact on your decision re possible exit strategy. I would be happy to discuss further offline if you would like additional advice.
Cheers
Andrew |
Thx Andrew. This is a crucial issue which has only just surfaced. So the next step is to talk with our accountant, client and then with my business partner. Depending on the facts of this, the outcome will obviously change dramatically. At this point I am still getting the facts and want to proceed slowly and carefully.