Originally Posted by whiterhino
I am seriously interested in this. I have been wanting to buy into my own offroad shop for quite some time. I have watched the other builders in Michigan make great profits and I have unsuccessfully attempted to buy into all of them, JCR, JeepersCreepers, Creative Fab, Tab, Nates, Koz and a couple others. All have turned me down because they don't want to share their profits.
I am considering an investment of $5,000. With that investment, what share of your business would I own? What guaranteed return on my investment should I expect? (I was thinking a minimum of 10% APR.) At what frequency would you be able to pay out dividends?
Since Stan also seems very interested, another option would that the 2 of us could go in jointly together and buy out your entire business. I am sure that with the quality of your work we could afford to pay you a decent salary.
I'm looking forward to your answers. I could invest as early as next week.
Sorry, but if i were to start a business then I'd like to go at it alone, so if it fails I dont owe anyone money...and I the profits would be better not split.
Also, i wasnt really asking for people to invest into an offroad company, just to help fund my hobbie.