Our company has been in business for approximately four years. We have accumulated sales and customers based upon reputation and referrals. We are looking to expand and have found a salesperson that has a current book of business of approximately $3 million. We are hoping to expand to both hire this person at a salary of approximately $80,000 and a commission structure that helps him to after two years and a commitment to get back to $1.5 million with our company. His primary business is slightly different than ours. He has been doing staff augmentation. We have been working as more of a project house. I am seeking investments to help us raise money to hire this salesman as well as to higher staff augmentation resources and fund them for the first 2 to 3 months as required. Margins on the staff augmentation resources have traditionally been more than 40% and the market is hot in the Minneapolis St. Paul area.
I am open to offers for investment into this business to fund the additional staff members required to build the team required. I have never done crowdfunding before, and I am a little bit illiterate when it comes to what to expect. What I am offering is investors to invest into the company at the investment rate of up to 10% equity. A 10% equity level would require a significant investment. Let us see how things work out and what makes sense. Thanks for your consideration in advance and whether or not we do business together I wish you all the success you hope for. In my previous experience I have always been successful at everything that I have tried, this company is my first entrepreneurial investment and my future. I have no debts at this point and no other investors in the company. I owned 100% equity.
We have currently been profitable with revenues ranging between 75,000 and $100,000 per month.