Raising Funds Contracts

[ljuarez714]

I have a business (sole propreitor) and would like to raise funds from family/friends for expansion. I would like to retain full control of the business, what types of contracts should be drawn up.Ideally I would like to pay back the full investment amount plus a certain % at a future date. Also, should I incorporate in case the business doesn't pan out and the investors will not come after my personal assets?

If there are larger investors that would like an equity stake in the company, what are the different options to draw this up?

 

[army judge]

You need to desk with a lawyer. This is too complicated and financially risky for all concerned to trust to yourself or some anonymous person on the Internet.