
(Hospitality)An investor wants me to run his business, can I ask for a small ownership?
I’ve worked in the Hospitality business for a long time and I am pretty good at running restaurants. I was laid-off about 2 months ago and recently I met a group of investors who want to buy some restaurants but don’t have any background in the food industry. They have money and they have an ok business plan, they are really interested on me running their restaurants but they also want me to apply and execute lots of my ideas, I guess my position will be Operations Director.
Well my questions are, 1) can I ask for a small part in the business as lots of my ideas are better and they want me to use them?? 2) I don’t really have any capital to invest, so would that hurt me if I ask for a small % in the restaurants?? 3) what would be an ideal % to ask for??
Yes - if I was you I would ask for stock as part of your package. The investors should like this as it shows your commitment.
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This post was written by admin on August 12, 2010






























