Runum
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Hey guys I have come across an opportunity for investing in a small business. It's a seasonal flower stand. I am attaching a spreadsheet that has the projected financials. The business owner is asking for a $10K investment to get his starting inventory. I have not seen many small business opportunities analyzed on the forum. So I thought I would post it here for discussion.
If the deal were proposed to you what would you require? Documentation? % return? Portion of profits? How could you do this deal to minimize your risk and come out smelling like a rose?
FWIW, I asked for last years financials and can't get them. The past owner is not running the stand this year due to transportation problems.
Anyone game?
If the deal were proposed to you what would you require? Documentation? % return? Portion of profits? How could you do this deal to minimize your risk and come out smelling like a rose?
FWIW, I asked for last years financials and can't get them. The past owner is not running the stand this year due to transportation problems.
Anyone game?
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