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    1 Reply Latest reply on Feb 23, 2009 7:37 AM by LUCKIEST

    Sole Pro and investor!

    doc1355 Newbie
      I have recently started an online resale business. This is only ecommerce and I don't have any local office.
      I started the business as Sole pro. and I am planning to convert to corp in next couple months.
      I received an email today for a customer that he is interested in investing in our business and purchase 5% stake. He wants to know how much we charge for that.

      Being a very new business, I have very low profit from this business. What would an expert do in this situation?
      I was thinking of rejecting his offer and ask him to may be come back after 1 year. But I'm not sure. I thought may be this is going to be a good opportunity for my business.
      Any advice is really appreciated.