My friend and I are thinking of starting a niche sports club in Tokyo and are exploring options for funding it. We'd love the perspective of someone who has built a brick-and-mortar business in Japan before:
- We are aware we can self-fund, apply for JFC loan, apply for an bank's investment loan, or get external investment. Is there anything we are missing?
- Some external investors (existing club owners in the same sport) have offered to put in money. Are there standard terms for such an investment? I.e., should this be structured like a loan, equity, convertible debt, etc.?
Any perspective from someone who has done this would be greatly appreciated, thanks!
by sun_machine