Bookwormlux
Valued Contributor
One major challenge people have about owning and growing their businesses is the financial support. Most young people complain about not having the needed capital to start a business even when they seem to be ready to start. This kind of thing has led many of them to take loans from banks or other legal lenders, but it does not end well for most of them, especially after the business did not turn out as they expected.
This has led me to ask if you would agree for someone else to support you financially despite not having enough knowledge about the business you are about starting. Maybe an agreement would be made on how you people are going to share the profit.
Let's say you want to start a poultry business, will you agree for someone who doesn't know how a poultry farm is managed to support you financially while you remit some percentage monthly or yearly?
This has led me to ask if you would agree for someone else to support you financially despite not having enough knowledge about the business you are about starting. Maybe an agreement would be made on how you people are going to share the profit.
Let's say you want to start a poultry business, will you agree for someone who doesn't know how a poultry farm is managed to support you financially while you remit some percentage monthly or yearly?