Beware of Relatives Bearing Gifts - They Could End Up Suing You

The JournalJune 05, 2007

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Summary


Businesses looking to raise finance from investors need to think carefully before accepting money. Readers will be aware of finance on offer in the region from banks, venture capitalists or other institutions.

These funds come in one of three forms: a grant (usually non- repayable), a loan or "equity" (shares which give the investor a right to benefit from the future growth in the business). These institutions have relatively standard documentation giving them a degree of control over your business.

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Extract


Beware of Relatives Bearing Gifts - They Could End Up Suing You

Many entrepreneurs avoid seeking institutional money because they do not want to be ...

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