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Private equity may seem like an appealing solution to many small businesses. After all with many banks tightening up their policies, a private equity investor could be the only way for a small business to get much needed capital.
However, seemingly fast and easy money from private equity investors can have its drawbacks.
Some small business owners unprepared for the world of private equity have found themselves losing control of the companies they worked so hard to create, reports The New York Times. So how do you know when private equity may be good for you?
Here are three tips every small business owner needs to consider before accepting private investor money, as written by the Times.
Small business and private equity don't always mix well. Keep these above considerations in mind when deciding if you really need private equity.
Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.
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