Originally Posted by Grinder12000
said he would front me $250K. Sadly - I'm not sure I WANT too!!
for one thing - I can retire in a year (55) - NOT work and have a great living making almost what I make now! OR - I can make a hobby into a job - work VERY hard with stress.
No response needed - just trying to wrap my brain around this.
I have a few thoughts, if it were me in your shoes.
Red Flag #1
Wisconsin, looks to have some tough laws in regards to Microbreweries! (google search)
Red Flag #2
Not to be a jerk or anything, but you are a year from retirement! At least wait until then. Make sure that your retirement is not at risk.
Red Flag #3
What are the conditions with this "fronted" money? Is it a loan, or an investment,
An investment can be lost, and there should not be any sort of expected return on this investment at least 2 years, some of that $250K is going to be operations costs
A loan is something to run away from.
A loan that large is like buying another house at this stage of your life,
I don't know what you have already figured out or all of the juicy details
my comments are based off of the info given by the OP
Given that you can and will retire in a year, you are in great health, know that this money is an "Investment", understand all of the legal requirements, and have a pretty solid Business plan
This could be a dream come true !