By Adam Groff
Asking your family for a financial investment for your business is pretty tricky business. Nobody likes asking for money, but if the reasoning behind the monetary request is sound, a small investment from family members could be well worth it.
On the other hand, seeking investments from your next of kin could get you in hot water with loved ones if your business is already fledgling or your business idea isn’t fully imagined.
Should I Ask The Family For Investment Money?
Posted by Sian Phillips under Raising CapitalFrom http://tweakyourbiz.com 4177 days ago
Made Hot by: AmyJordan on June 20, 2013 2:33 am
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Comments
4175 days ago
My advice is to treat this like any other financial transaction and create a legal contract with appropriate terms and conditions even if you are borrowing at zero percent interest. It will help maintain good relationship.
4176 days ago
4177 days ago