I am planning for partnership to expand my business. What would be a ideal deal?
Hi, I've helped people buy and sell businesses for years and have helped people dissolve and create partnerships and raise capital.
When you take on a partner, you're selling a piece of a business. Either the one you have now or the one you hope to grow into.
The question is, 'what do you expect your new partner to bring to the business and what will they need to get in order to justify the risks?'
People use the word 'partner' to talk about real partners, shareholders, investors, etc. You can structure debt arrangements, equity arrangements or combinations depending on what you want to achieve and based on what inticements you think you need to offer.
Give me a call to discuss the specifics of your situation and be sure to check out my reviews to see how I've helped other people with partner issues.