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Investment in new business

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  • 01-05-2024 10:39am
    #1
    Registered Users Posts: 812 ✭✭✭


    Hi all,

    I am a long time working but new to new business owner ship.

    Has anyone any experience in people investing into a business, type of return or ownership?

    For ease, I have a business idea which will need around 250k to get going. My intention is to quit my own job to focus on the business. My BP shows me to be in profit by end year 2 with a good growth potential.

    I have a chap looking to invest but not sure how ownership is broken down, he won't really be involved in the day to day and ideally will be looking to double his money back by end of year 3



Comments

  • Registered Users Posts: 8,402 ✭✭✭Gloomtastic!


    If they haven’t dictated terms then I suggest registering on ChatGPT.com and ask it for advice. You will be pleasantly surprised.



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