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Hi CanOz,It would be good to see a business plan. I would be willing to allocate a small amount of capital to this type of venture subject to the paperwork being straight. Some rough ideas below-Performance management: Trader gets 70% of profits above a 5% return on capital (after expenses and measured quarterly)Capital: There must be option to receive the profits each quarter as a dividend or to reinvest.Loss of principal: There must be a clause that as soon 40% of my contributed capital has been lost then the remaining contributed capital gets returned.Reporting: Quarterly reporting would be sufficient - no more than 1 side of A4!CheersOddson
Hi CanOz,
It would be good to see a business plan. I would be willing to allocate a small amount of capital to this type of venture subject to the paperwork being straight. Some rough ideas below-
Performance management: Trader gets 70% of profits above a 5% return on capital (after expenses and measured quarterly)
Capital: There must be option to receive the profits each quarter as a dividend or to reinvest.
Loss of principal: There must be a clause that as soon 40% of my contributed capital has been lost then the remaining contributed capital gets returned.
Reporting: Quarterly reporting would be sufficient - no more than 1 side of A4!
Cheers
Oddson
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