S2 Ep 1 - Partnering Up: Creating and Unwinding a Business Partnership with Andrew Van De Beek

In this episode, Andrew Van De Beek shares his story of successfully navigating the end of a business partnership.

In particular, we discuss:

• [03:52] How Andrew’s 4 months of paternity leave is going
• [17:42] Andrew’s backstory and how he started his own business

• [23:35] The circumstances that led to Andrew buying out his business partner
• [27:05] How they negotiated the key buyout terms in an afternoon 
• [29:54] Business valuations and factors to consider when valuing a growing business 
• [33:07]  What do to when the partner leaving has some key client relationships  

I think it’s best to let him introduce himself! 

Hey, I’m Andrew and although I dream of running my own whisky bar, right now I’m an accountant (I guess). 

Founder of Illumin8, podcast host, co-working space owner, coordinator of retreats, mentor of up & coming accountants, keynote speaker & generally getting myself into interesting situations in the world of accounting

I push the boundaries, it’s the only way I can make the difference I want to make. I ask lots of questions. I listen to the answers and I’m not afraid to challenge what I hear.

You can connect with Andrew on LinkedIn and make sure to check out his podcast ‘Aly and Andrew’s All Aussie Accounting Adventures’ and his personal website.

This episode of the podcast is brought to you by sponsors

TaxValet: Sales Tax Done For You

A2X: automated e-commerce accounting 

 The Lifestyle Accountant Show is a podcast that helps today’s accounting firm leaders build successful businesses, while living healthy, happy lives hosted by Meryl Johnston.