i am the sole shareholder of a well-established service business with 10-years of expertise and recognition in our industry locally. We have an opportunity to grow by creating multiple new locations. The total investment requires $300K. In the new Business Plan , we included the hiring a full-time of key managers under salary: Marketing/Sales/webmasters/locations managers/ As the founder, i remain the general manager (CEO)- Active and i know by experience i wont be able to handle the extra work by myself
Reading through many answers/ questions on this (great) blog, am still a bit uncertain of the various options possible:
Quest 1 : if taking an investor, do i have to offer them Equity or can just give them a Profit option until he get repaid ?
Quest 2 : I may have a possible partner who can bring the money ( from the investors as he gets direct access to them).Should i offer him Equity , Salary , or part of the NOI? considering that he is not investing his own money, nor he will be an active partner, more a " business consultant , or possible funding source " let's say ?