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private investor help

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  • private investor help

    hi all i would like to ask you a question i have a private investor who is will to give me 75,000.00. do i give him a % of the business a month till it is payed off. how much do i give him.
    ty jen
    i was going to give him 10% till i pay him off. should i do this gross or net.
    he is my husband's boss he is ask me to give him what i want.
    he's just gonna write a check and give it to us.
    Last edited by jen008200; 05-02-10, 05:34 AM.

  • #2
    I'm sure the investor will lay out his terms before the money changes hands, but you need to have it all legal-like so everyone is protected and MAKE SURE you have your own lawyer look over the contract!


    • #3
      Nea is right. Run it past your own attorney, and accountant, too. It will save you much heart ache in the long run.