Here’s how to stay out of a potentially tricky situation. February 7, 2019 2 min read Here are three tips about borrowing from friends and family for your business, as explained in the book Finance Your Business: Secure Funding to Start, Run, and Grow Your Business by the staff of Entrepreneur. It’s important to treat friends and relatives as if they were any other investor. Insist on the same sort of legal documentation you’d prepare if they were a total stranger, as too many entrepreneurs make such loans on an informal basis. Next, secure a lawyer. Many states guarantee voting rights to … Continue reading 3 Tips for Borrowing Business Funding From Friends and Family (60-Second Video)