We are starting a business and we have agreed to use ROBS for funding the purchase. If the business costs $10,000 – I have a Robs with $3000, Tim has a Robs with $1500 and Sara comes with $200, does that mean that I own the company or just the most available shares?
I’m happy to help. The funding of your startup can come from more than one source. However, if 100% of the financing comes from the ROBS, and it is funded the way you describe in your question, you would not be 100% owner but a part owner along with the other investors. You would own the majority of shares. You may get greater detail and direction from a ROBS provider. Good luck!
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