One of the easiest ways to get into a business and run a business is by investing in someone’s business. You can invest in a business and own a percentage in the business. Once you have invested in the business, you can become a board of members and run the business. However, think kind of venture can cost you more money than when you start your own business. You might have to pay higher amount. Likewise, your funds can also be at risk if the business is run by people who are not sincere with the business and who just wanted investors so that they can move on with the profits.
Investing in Someone’s Business: Is It Good
- Thread starter Mika
- Start date
There is nothing inherently wrong on investing in someone else business if you trust them, you should not do it without any documentation though, find a lawyer to be able to draft an agreement for you and then attest it at a court just to keep yourself safe when things go sour.
And if they're an established business the better for you because you will be able to invest without any assumption of anything coming up afterwards, investing is generally good because thats how wealth is being built over the years, there are people with more expertise than you and if you can fund them growth will be unprecedented.
And if they're an established business the better for you because you will be able to invest without any assumption of anything coming up afterwards, investing is generally good because thats how wealth is being built over the years, there are people with more expertise than you and if you can fund them growth will be unprecedented.