Legal Question in Business Law in Florida

Hi,

I will start an online travel agency and there some investors that will put the initial funds but want a certain percentage of participation. I have to add that the future of the business is uncertain and the investors will fund the pre-startup process (proceedings, travel expenses, incorporation fees, etc) and depending on the results they will decide if whether to continue supporting the business or not.

I have two specific questions:

1. What type of corporation should I use?

2. What could be the right percentage for the investors?

I will really appreciate your help, please.


Asked on 5/15/15, 12:00 pm

1 Answer from Attorneys
Barry Kaufman The Law Office of Barry W. Kaufman

These are excellent questions, but not suited for an online forum. I advise you to find a lawyer in your city who is experienced in new business start-up work, and have an in-person consultation with him or her. Your business and investors will thank you.

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Answered on 5/15/15, 12:06 pm


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