FIELD GRANT
You will need to crunch numbers and see if you really feel that you will be able to make a good profit from your business even after giving the investor their percentage. Once you have paid off the loan in full to them you won’t have to pay it any longer. Keep in mind that it can take several years for a new business to have enough profits to pay extra on their loans.
Before you proceed with a private venture capital investment you need to make sure you are dedicated to owning your own small business. It isn’t as glamorous as some people think it is. You get to be your own boss but you also get to deal with all of the headaches that come along with it. You will have to work hard and work smart in order to be successful. If your only reason for opening the small business is to make money then you won’t enjoy it.