Selling 5% of your business for $30k not worth it. Better off getting a loan from your bank. This person will own 5% forever. Your corporate structure will be complicated. (How will you account for and share profits).
Raise equity from outside investors only when you need the money to scale or to share risk.
Selling 5% of your business for $30k not worth it. Better off getting a loan from your bank. This person will own 5% forever. Your corporate structure will be complicated. (How will you account for and share profits).
Raise equity from outside investors only when you need the money to scale or to share risk.