<human>: Can you give me the gist of the text in a nutshell?

A good friend of mine (Greg) and myself started a business 8 years ago. 4 years ago one of our mutual friends (Allen) joined the company. Allen has become my best friend in all matters of my life... he's the guy I called when my fiancee and I split and he put me up for a few days no questions asked, and I would do anything for him, and he for I. Allen and Greg are also very good friends and Allen even babysits for Gregs kids sometimes.

Allen came on board as a 30% partner in the business, and his role was mainly keeping books and helping us make big decisions that Greg and I needed a third opinion on. He also brought a lot of contacts and a wealth of knowledge on finances with him; something Greg and I were lacking.

The business has been growing, but Allen has been slacking for the past year and we've had a "pick up the pace meeting" at least 6 times so far this year. Greg and I have taken over books, as Allen either wont show us or just does not have them. Allen's life and career have moved another direction, and he has said to mutual friends that he doesn't think that being a part of our company is really what he wants to do with his life. However, in person with Greg or I, this is denied.

The company is headed for great things if our current trajectory keeps up, but Allen is just floating and slowing the pace of business down. He has made it to 2 out of the past 8 business partner meetings, and when he is there he is doing tasks that needed done weeks prior, or is making excuses as to why things havent been done to, what I can only assume, is buy himself some time.

Our partner agreement, that is signed by all three of us, allows a majority vote to basically get the incompetent partner out of the equation. He would be left with 5% of the business, but no say and no responsibility towards the company. I'm not mad about losing 5% to a non-committed party, especially if it will bring all control back to Greg and I and allow us to keep our best friend.

HOW DO YOU FIRE YOUR BEST FRIEND!?
<bot>: Best friend/business partner needs to relinquish control of his share of company. I can force his hand, but I'd prefer to get him to see the error of his ways and agree that its best for all of us.