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  • Buy in

    I have been approached by somebody that wants to buy into my pool biz. I've known the guy for over 10 years and trust him to work like a dog! He has his certification but zero bizness sense, which is one step below me. How should I go about this if I was interested?

  • #2
    Allow him only a small percentage of the shares while you still maintain the decision power. Probably would be enough to please him, but yet his ownership doesn't mean much? Meanwhile, you have a great guy running around doing most your dirty work. Since he owns some shares, he'll probably work harder than he would have otherwise.

    But what would I know?

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    • #3
      I'm guess I'm looking more for buy-in, buy-out options along with any other nuggets that could be passed along

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