1) I would prefer angel financing, so i dont have to worry about debt or having someone own the company. From a debt i could go bankrupt, for equity the person can take over the business if they own more than 50%.
2) 10% /50/ 80/ 100
Key Concepts
1)The estimates costs will depend on what business you are doing, for me its $500 for computers and $1000 for software, which is $1500 total.
2) Angel Financing will hopefully be used for my business.
3) 10% because i want to make a profit myself and dont want other people owning the company.
4) $100/month because i dont want to have to pay too much out of my total net income.
5) He has plenty of start up money but he is in a little too much debt.
1) I would prefer angel financing, so i dont have to worry about debt or having someone own the company. From a debt i could go bankrupt, for equity the person can take over the business if they own more than 50%.
2) 10% /50/ 80/ 100
Key Concepts
1)The estimates costs will depend on what business you are doing, for me its $500 for computers and $1000 for software, which is $1500 total.
2) Angel Financing will hopefully be used for my business.
3) 10% because i want to make a profit myself and dont want other people owning the company.
4) $100/month because i dont want to have to pay too much out of my total net income.
5) He has plenty of start up money but he is in a little too much debt.