Stop telling people what you have saved - firstly. Explain to Dad that he can take a loan out for equipment. Chase Bank offers no interest for 1 year... if you open an account. If he doesn’t qualify for a business credit card then that’s a “red” flag for you. So, I would tell him you can’t, but offer maybe $250 - $500 just to “save face” and figure out a repayment plan over the course of 12 months with no interest. If he doesn’t pay it back, then you still have not lost because it’s a much smaller amount. However; I would not expect for home to pay me back, (don’t tell him) because this can get into some muddy waters. Then he won’t come back because he has not paid you back the other money.  more

Time to sit with your sbdc consultant for free. Suggest a meeting with your tax advisor. I have a person that does cost segregation. Look for grants... or sponsors opportunities. Build up a backbone so little by little you do you.  more

Get legal guidance on how to do it but also protect yourself. The true colour of siblings shows up if the parent(s) happens to rest

Cultures differ,
what is your relationship with your father? Is the company for the family or personal? Does he want to change it into a family... company? At what terms has he set for your contribitions you will have given him. Try show him your projected plans for the money you earn  more

Don’t invest.

Don't do it. Your father is being irresponsible to ask you. Doing business with family members and friends is a bad idea. You will never see your... money again. more

What does your father do ?

Partnering with your father is very fine, especially given that you have not yet determined what to use the money. Just have it in writing and... evaluated into shares. Your business life could begin there! more

Ask him to put it in writing what your investments would be used for and what your investment return would be. That'll turn him off.

Consultation fees first

Hahaha

Since you have decided to refuse him, tell him your decision and reason why you are doing it and make sure you and also provide another way you can go... about it as convenient with you  more

Do you have confidence in his business? Don't forget to check his books before you decide.

Make sure you buy shares with that money in his company. Your siblings will and can claim part of that company when he is no more. Never be emotional... about money. Say no thank you if you can.  more

Give your father what you are willing to lose, because it will most likely not come back, and you are likely not going to do anything about it. If you... have a viable business plan, invest in your own business.  more

If you invest, be clear whether it's a loan or you have a share in his company, but such things normally don't work with Africa parents. It will be... hard to get. more

Your father's business is his business unless he wants you to loan him and terms and conditions apply

Message me so we can talk on that

If this is real, your father is the most selfish person on planet earth! Children do not invest in their parents’ businesses! Rather, parents invest... in their children’s lives by raising , educating and loving them, if they are lucky they leave a trust behind! Finally, 99% of startups fail, your father’s business is no exception to risk or being exposed to risk, either way you dice this equation it will leave a strained relationship. To your answer now, you need to man up to your dad, don’t hide behind passive conversations, invite him to lunch and Hubert tell him you aren’t investing. This is the first step towards manhood and a better honest relationship with your dad; be your own man! more

Your father is a businessman. He must understand the concept of collateral and due diligence. He must understand that if he were to Default. on the... loan, you would be forced to collect. This would put great strain on your relationship. It would be better to say no. And to avoid that strain in the future. more