I'm interested in investing in a new start up business. However, I only want to be a silent partner.
Can this be done without my name being on the lease, bank accounts etc.
Also what is a fair or is there a standard a silent partner should ask for? For example of the business is asking $40,000 and I give them $10,000 is it fair to ask for 25%.
I was thinking 25% and ill be partner for life or 25% until loan is paid back then down to 15% for life.
Is that fair? Comments? suggestions?