Will I lose control of my business?

Will I lose control of my business?

Comments Off on Will I lose control of my business?

A: Whether you borrow from the bank or take on external investors, they all expect to have a say in what you do with their money.

You should enter into a ‘shareholders agreement’ with your new investors and that will clearly define your relationship before it starts. Remember that if the business struggles an equity investor will help you to turn it around, whereas a bank’s primary concern is to protect its security and recover its debt.

Share this: