Legal Question in Business Law in Colorado

small retail investor

have a possible investor for a 2nd retail store first open 5 and a half years her investment would be for 2 buys plus payment for 1 employee what is a proper percentage for the split of profits


Asked on 5/16/09, 12:33 pm

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

Re: small retail investor

The answer depends on how much they are investing, if this investment is secured, how your first store is doing, the size and importance of the buys, so on.

I would strongly recommend that you contact an attorney to draft the agreements because these kind of deals can go south and if that happens you can expect plenty of lawsuits that are much more costly than advice to do this right from the outset. Good luck.

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Answered on 5/16/09, 3:59 pm


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