7 Things to Consider When Raising Money from Family or Friends for Your Business Startup

It’s tempting to ask friends and family to invest in your work when first starting a company. Money is tight and they want to help. However, soliciting money from loved ones can be a risky venture. To help mitigate this risk, we asked seven entrepreneurs from Young Entrepreneur Council what rules one should always have in place before raising money from family and friends. Here’s what they recommend.

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Comments

Unknown said…
Thanks for sharing this article, I've really enjoyed reading this. I have recently discovered listen limited fundraising agency, you should check them out.

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