Do partnerships work? Ryan Atkinson recently sold his business for a 6x multiple.

In my opinon, partnerships are like marriages without love.Ryan challenged my view. He has had two successful exits - first with Redwood Global (sold in 2014) and most recently with Core Resources (sold in February 2025 for over 6x EBITDA multiple)  Both companies operated in the staffing/human capital space, with Core Resources focusing on IT professionals for banks and financial institutions. Partnership Success Story - Ryan's partnership with Keith at Core Resources exemplifies how partnerships can work when done right.Ryan learned from partnership challenges in his first venture and applied those lessons to create a much smoother relationship the second time around. Ryan emphasized the importance of:Clean financial records to minimize due diligence issues Strong CPA involvement for tax planning and working capital negotiations Understanding true net proceeds after taxes, fees, and employee bonuses Key Advice for Entrepreneurs.Ryan's message to business owners: "Enjoy the journey of building and running your business"  He emphasized that the struggles and challenges help shape character and resilience, and entrepreneurs will look back on their journey with pride and joy.If I can help you or your business, let me know. Enjoy the episode.Chuck CrumptonStrategicAdvisoryForum.com