Hello, I’m looking to open a hospitatlity business. I’ve calculated that I need around $200,000. I have a few people in mind as potential silent partners but I need help understanding onwership interest. Could I have multiple silent partners? would it be worth it? I don‘t have any of my own capitol as of now so I will need investors for initial startup. Please help me to understand! I already have a business plan with projected growth—

Thanks.

  • der_innkeeper@alien.topBEnglish
    1·
    10 months ago

    Silent partners are people that have faith and credit in your ability to run said business, without their input or guidance.

    At best, you are going to be a manager of the LLC/Corp.