I would never let anyone buy 50% of my cafe for 15k if it is doing good.
Thoughts to consider.
* What are their expectations for the amount of work/input you will be putting in?
Imagine someone selling 50% of their company and just kicking their feet up while you do the running.
* Why you specifically? Is it because you are family? Friends? That you are pretty and will be a great face of the company? Or just because of your money?
* How will your money be used? Payroll? New stuff? Make a payment? Mafia?
As @Kid said, super quick deadlines show signs of desperation, or to get you to bite the hook faster so you would spend less time on due diligence hoping you miss something. - use that for your advantage
Again, maybe its because they are running low on their cashflow because of the virus and they need money to stay afloat. However, that's my only understanding why they are willing to give half.
Thoughts to consider.
* What are their expectations for the amount of work/input you will be putting in?
Imagine someone selling 50% of their company and just kicking their feet up while you do the running.
* Why you specifically? Is it because you are family? Friends? That you are pretty and will be a great face of the company? Or just because of your money?
* How will your money be used? Payroll? New stuff? Make a payment? Mafia?
As @Kid said, super quick deadlines show signs of desperation, or to get you to bite the hook faster so you would spend less time on due diligence hoping you miss something. - use that for your advantage
Again, maybe its because they are running low on their cashflow because of the virus and they need money to stay afloat. However, that's my only understanding why they are willing to give half.