Cottonlung
Active member
- Messages
- 176
- Location
- Manchester
Hi there. Ive been given the oppertunity to buy another guys round (ex father in law) however.. he is happy to take a down payment and then monthly payments of X amount...my issue is this.. ive been working the round with him for the past 5 months and he wants to finish the 2nd week in june , but wants his first lump sum 18th may next week as he says he needs it and then continue to work till mid june,,, somehow i feel like im being screwed as he is going to get what he wants for the business in the long run but also get an extra 4 weeks worth of money..
any suggestions? im thinking of saying you can work but knock it off the amount outstanding but really he shouldnt get a penny till he stops working as once he gets the first payment it isnt his business anymore if we agreed installments.. anyway rant over
cheers J
any suggestions? im thinking of saying you can work but knock it off the amount outstanding but really he shouldnt get a penny till he stops working as once he gets the first payment it isnt his business anymore if we agreed installments.. anyway rant over
cheers J