Essay must include an introduction, body, and conclusion, and you must address all relevant parts of each question. Make sure to cite any references you use. Proper citation format for a reference includes the name of the author(s), the title of the work, the date of the publication, and the page number. Three minimum paragraphs (five to seven sentences each).

Discuss the ethical obligations you have as a small business owner to early-stage investors versus later-stage investors. Should a business owner promise more returns to someone who shows faith at an earlier stage? What are the ethical obligations if some investors are family members and some are not? Do family members deserve different investor treatment? Explain your answer.