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Things you should know before financially supporting a business.
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[QUOTE="Jasz, post: 267532, member: 61772"] You should know what you are getting into before financially supporting a business. The first thing to consider is the industry you want to invest in and the skills of the people running it. For example, if you want to support a startup in the restaurant industry, you will need to understand that they are going to need money for equipment and supplies, marketing, ads and salaries. You will also want to know who they are hiring and how much they are paying their employees. You should also ask yourself what kind of return on your investment (ROI) do you expect? What kind of financial situation do you have? Are there any other funds that can be used for this investment or does this purchase need to be a one-time expense? Once all these questions have been answered, then it is time to make sure that everything is ready for when your money arrives. This includes making sure that all paperwork is completed and approved by both parties before handing over any cash or assets. [/QUOTE]
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Things you should know before financially supporting a business.
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