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
Is it an investor or a competitor?
5% is peanuts truth be told, perhaps it’s a competitor wishing to gain inside info about your business?
Usually when people want to invest they would ask double digit minimum.
Thats a fair assumption. Especially when you need to disclose plans to the shareholders