Raising Funding From Your Friends and Family: Here’s How to Do It Right

Posted by thursdayb under Raising Capital
From http://www.21times.org 290 days ago
Made Hot by: xxysystem90 on August 9, 2012 9:59 pm

Even if you plan on living on ramen while building a new company, you’ve got to have a little cash, if only to pay for the ramen itself. One option to get that money is to raise funds from your friends and family.

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Comments

Written by ediapercakes
286 days ago

Some really good ideas but the hardest thing about this is what happens if the business idea doesn't work out?

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Written by tcamba
281 days ago

You can always find ways to improve your business plus you treated these funds as loan so you can always pay this when your business is already improving.

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Written by HeatherStone
287 days ago

Hi Thursday,

As long as discussions have been going on about how to fund small business, there have been people on both sides of the debate about whether family members should be approached to help you fund your startup. If you think the answer is yes, you should definitely have a set of rules like these.

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