Small Biz And Private Equity Don T Always Mix
Private equity may seem like an appealing solution to many small businesses. After all with many banks tightening up their policies, a private equity investor could be the only way for a small business to get much needed capital. However, seemingly fast and easy money from private equity investors can have its drawbacks. Some small business owners unprepared for the world of private equity have found themselves losing control of the companies they worked so hard to create, reports The New York Times....