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When lining up an angel investor for your company, be sure you both talk through your expectations.

Inside Entrepreneurship: Talk it out before you take the money

Q: I am starting up a high-end bakery. Currently I am working out of my home, but the demand for wedding cakes, pies and more is escalating rapidly. An acquaintance has said he is interested in backing me in a small commercial retail bakery. I can calculate food costs, equipment needs, etc., but I haven’t a clue about what to ask (or accept) to make the deal happen. How do I control this situation better?

By SUSAN SCHRETER
SPECIAL TO THE P-I

Full Story: http://seattlepi.nwsource.com/business/281678_schreter18.html

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