Someone wanted to invest 30k into my landscape company for 5% return, now I’m not the smartest guy out there and someone is free to correct me if I’m wrong but shouldn’t that 5% be until the loan is paid off and not until I give the company up

Again I’m very new to this so I could be looking at this horribly wrong

  • TO_GOF@alien.topBEnglish
    1·
    10 months ago

    I think he is better served by hiring his own lawyer to advise him if he is given a contract drawn up the investor.

      • behrific@alien.topBEnglish
        1·
        10 months ago

        I’m not one to get an attorney over most business matters, but selling equity is one that calls for an attorney 100% of the time.