Issue with profit sharing ratio
I have a business idea which will generate profit of $5 million a year. I am set to manage the entire show for the investor, i already have talks with investors for the deal.
The major problem is that my investors wants 80% of the share of profits. Im looking for somewhere around 35-50%.
How to convince my investor to increase my share to 35% instead of 20%. I am honest and hard working, the business is readyto go immediately as soon as the investment is made and entire money will be recovered in one year. The business is offline and not online.
The daily earnings could go as high as $600 per day. Suggest me how to convince my investor for higher profit sharing ratio
Published on July 5, 2010 under
Business,
Finance.
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