I have a question

by a searcher

1 year ago

Hi I'm Laurence im a young adult and planning for the future to acquire a business using search funds and SBA loans my question is very  simple. Are investors interested in investing in inexperienced entrepreneurs or is this just not feasible. (I'm thinking of acquiring a business which packages and transports fruit and vege to the market it's worth roughly 7million)

thanks Laurence

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investor from The University of Michigan - Stephen M. Ross School of Business

It depends on the quality of the deal the quality and longevity of the company, and what you are seeking from investors in terms of economic terms, etc.

1 year ago | like reply | 0 likes

searcher from Texas A&M University

I'm not sure about banks and whether your experience would impact their desire to lend to you, or if it is purely based on the deal. As for a private investor, I do think that experience plays into it. I would think that a college student is more likely to run a business into the ground compared to someone with 10 years of real world experience. That being said, if it is a stellar deal and you can prove that you have the support you need (whether from the seller staying on or if it is a company that runs itself), then it might not be a non-starter.

1 year ago | like reply | 0 likes

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