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Let's Form a Startup! [This Network is not currently active and cannot accept new posts] | | Topics
NEED INVESTORSViews: 174
Feb 26, 2006 7:18 pm re: NEED INVESTORS

Robert Johnson
Steve:

You didn't specify the type of funding you are seeking, but the return of 10% puts you in the category of debt financing.

$1200 monthly revenue isn't going to demonstrate an ability to service a loan of $300,000. Also, with $1200 monthly gross revenue after 2 years - you will need to have a strong plan for a rapid increase in revenue.

All the best,

Robert Johnson


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