Handling outside investors

[sawine]

What is the name of your state (only U.S. law)? California

I operate a small publishing company. over the past few months our growth has exceed our income, so we are going to open a dialog with our interested investors. I have heard numerous times that taking on a capital investor can be tricky and not to do so without the proper legal representation.

Our problem is that we do not have a ton of money to spend on legal help, if we did we wouldn't need to take on an investor in the first place. Is there any options out there for payment plans or reimbursement options?

[HighRoll]

Originally Posted by sawine

What is the name of your state (only U.S. law)? California

I operate a small publishing company. over the past few months our growth has exceed our income, so we are going to open a dialog with our interested investors. I have heard numerous times that taking on a capital investor can be tricky and not to do so without the proper legal representation.

Our problem is that we do not have a ton of money to spend on legal help, if we did we wouldn't need to take on an investor in the first place. Is there any options out there for payment plans or reimbursement options?

My situation is similar in some ways and different though in the way that I am approaching it. I am looking into managing a small investment club to help finance other operations. This may be more than you want to be involved in. I am currently trying to determine if I need SEC registration for this but I don't think I do because it would be under $25 mil and also my state does not require registration. But I have to make sure though. Just a thought.

[HomeGuru]

Originally Posted by sawine

What is the name of your state (only U.S. law)? California

I operate a small publishing company. over the past few months our growth has exceed our income, so we are going to open a dialog with our interested investors. I have heard numerous times that taking on a capital investor can be tricky and not to do so without the proper legal representation.

Our problem is that we do not have a ton of money to spend on legal help, if we did we wouldn't need to take on an investor in the first place. Is there any options out there for payment plans or reimbursement options?

**A: yes, there are numerous options available. Talk to an attorney soon.

[I_Got_Banned]

Originally Posted by HighRoll

My situation is similar in some ways and different though in the way that I am approaching it. I am looking into managing a small investment club to help finance other operations. This may be more than you want to be involved in. I am currently trying to determine if I need SEC registration for this but I don't think I do because it would be under $25 mil and also my state does not require registration. But I have to make sure though. Just a thought.

$25 mil is NOT by any means or description a "small investment club"...

Moreover, the SEC doesn't care what state you're in; if you're looking to take $25 mil of other people's money without any licensing or registration, you're going to bury yourself in so many SEC problems that you wouldn't have time to manage your "small investment club"!