Are you wondering if you should ask friends or family to invest in your new business? Learn the good, bad and ugly about this business financing strategy.
Finding the right type of business financing – or any financing for that matter – is one of the biggest challenges that entrepreneurs face. Unfortunately, a brilliant business plan (or idea) won’t help you much unless you have the money to launch the startup.Asking your friends and family to invest in a business is a common way to get a startup funded. We are going to discuss the good, the bad and the downright ugly of this strategy.
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Via Martin (Marty) Smith