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Forum nameFinancial Feast
Topic subjectPartnership Question...
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=51&mesg_id=51
51, Partnership Question...
Posted by lisasgourmet, Thu Oct-05-06 02:51 AM
Good Morning!

I recently met with the President of a very large insurance and investment company to look at a building they just purchased. It turns out the location and the building itself is absolutely perfect for my shoppe. They are going to renovate to suit, and allow me to use the first floor AND basement for $1500 a month (which is a steal considering where it is located!).

While talking with him, he asked if I was interested in a partnership. He really likes my idea and expressed interest in the business.

My question is ----- how does an investment partnership work? I am unwilling to give up any control over the product and/or day-to-day operations.

How does paying the return on investment work? I've been searching the internet for answers to these questions --- but the answers I have found are way too "finance-speak" for me.

Could someone break it down for me???

Thanks so much!!!