1.Leroy is considering starting a catering business. Leroy has three children (aged 3, 16 and 21) and is married to Melanie.

The proposed business will cater to high end corporate clients and wealthy individuals. In order to have the ability to cater events for these clients, Leroy needs approximately $4 million of capital.Leroy intends to invest the $2 million into the enterprise from his own funds and get the balance from third party sources.

Leroy wants to have his wife and children involved in the business as well.