im about to opening up a very successful very high end salon/spa in NYC. My investor dropped out last minute and left me desperate. i am now about to hand over half my business to an investor who demands these conditions. ive tried to apply for small business loans and grants, nothing worked! how do i find an investor or a source who doesnt want half my business??
2006-06-23 01:51:01 · 3 answers · asked by an-toe-knee 1 in Business & Finance ➔ Small Business
Never give half. Always and I say always be sure you have controling interest.
2006-06-23 03:32:25 · answer #1 · answered by Looking Up 5 · 0⤊ 0⤋
Ask him if in leui of own half of the buisness to set a loan from him paying back a high rate of return such as 15%. Some investor would be sure to take that. Offer your buisness as colateral.
2006-06-23 06:19:32 · answer #2 · answered by jcrichton33 3 · 0⤊ 0⤋
I don't know man .. hey got 20 buks ?
2006-06-23 01:56:49 · answer #3 · answered by Xavier 7 · 0⤊ 0⤋