Isaac, Owen, Ryan, and Levi meet once a week to eat at new restaurants and write reviews for a local paper.One day in June they began discussing the possibility of going into business together.Isaac, who is thirty-two years old, is currently working as a baker for Tasteful Bakeries, earning $45,000 a year.He loves his work, and has long dreamed of opening his own bakery.He even has a name picked out - BakeEm Fresh Daily.Unfortunately, he is a single parent raising two small children and does not feel he can afford to invest any of his approximately $4,500 in savings into such a business.His friends, however, think that they may be able to help.

Owen, a sixty-seven-year-old retired principal and he just won $200,000 in the state lottery.Also, he has $50,000 in retirement savings.Enjoying his retirement, he does not feel he would want anything to do with the day-to-day running of a business.However, assuming his money would not be at seriously risk, he would be willing to invest up to $100,000 in the business.

Ryan, a twenty-two-year-old college student recently inherited a small two-story building, worth $76,000, in the downtown area that could easily house a bakery.He would be too busy with classes to help run the business, but he would be willing to let the others use his building to house the bakery.