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    0 Replies Latest reply on Feb 12, 2009 10:04 PM by joeheart1

    Should I and how do I set up a corporation

    joeheart1 Newbie
      I have over 25 years experience in restaurant business and have desire, plans, menu, know-how, to open my own concept (fast food/ chain) but need start up money. I don't have savings, or ability to get a loan of 200 thousand to start up. Now is the best time for my concept because of the down turned economy. Fast food is the choice of diners. I would like to consider starting a corporation and enlist investors to foot the bill with loans to my company that would be paid back with interest. In addition, all investors would receive stock. Is this a good pursuit for someone with a great plan, drive and experience but no money of his own?