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first things first, if youre seeking cash; inc. your business and in the proccess shit will be divided into 100 shares which obviously would represent 100% of your business, from there youre going to have to decide which areas of your business an investment will benefit, then have a lawyer outline the exact role an investor will play, and the overall parameters of sell-outs, buy-outs, and options.
You may as well be prepared to offer 51% percent (which equals total control) to the potential investor.
Other things to consider are "defining profits", "what is net?", and things like that. The entire proccess can be lengthy, especially if the deal is scripted properly.
I'd certainly recommend not wasting time with seeking funds from a source other than an industry related entity.
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