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I would like to find a few investors for my Bar/restaurant, but I don't want to offer a percentage of interest in the business. How should I proceed and How do I pay off these investors? What you want is a Loan. Investors typically take an equity stake, and/or a profit share in the business. Banks will invest a sum of money, usually secured by something like your house, or the restaurant, and you pay it back, with interest, in monthly increments. They take no equity in your business and once its paid back you don't owe them anything. permalink: Spread the word! Bookmark this question and help other entrepreneurs del.icio.us Digg Furl Reddit Ask BlinkList blogmarks Google Ma.gnolia RawSugar Rojo Shadows Simpy Socializer Spurl StumbleUpon Tailrank Technorati Wists Yahoo! Remember, I may not always know the answer, but I always have an opinion. The answers I give are my opinions only. You should consult a lawyer before doing anything. Also, this site is free and run by me. There are plenty of great resources at the links below: | |
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