12 bars to a thousand of bars per day, and they're seeling thousand of bars per week.
Jonathan Miller. The company started in August 2008, and has doubled their sales in the last 6 months. They have $50,000 in sales. He believe that the execution is more important. He has put $50,000 of his own money. He's willing to give up 15% of the busniess for 150K.
He was given 2 options. One he could give one guy 75% of the company and he'll get his 150K OR he could give the other guy 100% of the company and gget his 150K, and he'll have a 4% royalty for the rest of his life.
Went for a licensing agreement giving the one guy %30, with a %4 royalty for the rest of his life and 150K.
No comments:
Post a Comment