I am starting a business (pest control) and am about $2,000 short

>>1804429
Bump

What do you need it for and are you working a job now?

make new friends

>>1804469
Licenses, truck and the necessary insurance for the vehicle and business. I work for another company right now and divert literally all of my check except for bills to pay for things but I am still going to not have quite enough

>>1804429
Get a silent partner, and agree to equity interest. Better to do a LLC.

>>1804472
By friends do you mean investors or actual friends who will throw me a loan that I can pay off whenever?

>>1804494
I am doing an LLC (have a business partner who is also investing all pay from their current position) how would I go about finding a silent partner?

>>1804429
Check to see if there are any business incubators in your area.

If you start a business, be prepared to sleep in your office until you return a profit.

You need to read a book of accounting for non accounts.

>>1804508
Put out an ad, or network with people who are looking to invest. Most people have 2k lying around.

>>1804513
Any recommended places to look? Also what would be fair for an investment of $2k? I don't want to make an unfair offer and I also don't want my investor to take most of the profits.

>>1804429
How much have you put in yourself?

>>1804685
At this time? Around $2,000, I only make about $1,000 every two weeks after taxes though,

>>1804745
Oh, my partner has also contributed $800 (I make significantly more than them).

>>1804620
I’ve invested privately with local companies in the past. When investing in small self-started businesses, I think it’s best for everyone if the investor doesn’t eat up most of the profits.

I take on a role as a part owner in the business. My usual terms are like this:

- 25% of profits until investment is paid back
- 2-5% of profits after that (dependent on size of the investment)

>>1804861
Thanks for the advice. That sounds perfectly fair