Frequently Asked Questions - F.A.Q.

Is this a loan?

No. This is not a loan. This is an investment in your business. In return we take a small share of your business and earn a corresponding share of your profits each month or quarter. If your business is sold, we also get a share of that sale price.

Example, if you earn $50,000 in profits (after all expense and staff salaries) and we negotiated, 20% of your business, you would pay us 20% of $50,000 = $10,000.


Do I need collateral?

No. We take a risk when investing in your business for a share of the profits.

Because of this, we will vet you and your business very thoroughly before we invest any time and money.

How much of my company do I have to give up?

It depends on the level of risk, size of business and maturity of business as well as the amount of money you need.

Our minimum equity for investment is 15% regardless of maturity of business.


How do you help me besides money?

Money is generally a small part of any effort that's put into a business. We not only invest some capital into your business - but we also throw our entire team and resources into making sure that everything else works.

Accounting & Finance: Our team will ensure that your books, payroll, taxes, invoices and everything else is automated and up-to-date.

Marketing: We will help you setup all your online marketing assets such as websites, instagram, facebook, twitter and email marketing. Then we'll make sure you and your team keeps everything up-to-date as often as is necessary.

Operations: We'll help you setup proper digital records, automate and streamline customer support and get your team using everything everyday.

Why? Because the better your business works in the back office, the easier it is for you to be a hero in the front office serving and acquiring new customers. We get back something from our investment and your business becomes a success.


Who is Biznitos?

Biznitos was founded by Ericson Smith and Shawna-Kay Mills. Ericson is an IT and online marketing veteran since the inception of the internet. He has founded businesses both in Jamaica and Internationally.

Shawna is an account and financial veteran with tons of experience handling the books of leading companies in Jamaica.

Biznitos helps companies with accounting and online marketing services.

Biznitos started JobsOrMoney.com because we believe Jamaicans can earn more money from a business than a standard 9-5 jobs.


Do I have to register my business?

Yes. By taking on partners, you do need to register the business with the Jamaican Registrar of Companies.

We can help you with this process.


 

Have more questions about investment or making your business better?

ASK US!