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Funding a business
Would You Make Your Relative A Financier Of Your Business?
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[QUOTE="Good-Guy, post: 173425, member: 29109"] Finance is one of the most important aspects of any business. This is also one of the biggest reasons why many people are mostly concerned about managing or arranging finance and they usually find it hard to do so. So, may people turn to their relatives in order to seek financial help in the form of loans. However, not all the people grant loans rather they invest in the business instead of giving loans to the person if he or she is really capable to conduct the business. The financier is the sleeping partner whereas the person who receives the finance is the working partner in this case. So, do you think it is wise to get your relative into this and make him the financier of your business? Personally, I would not do so. [/QUOTE]
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Would You Make Your Relative A Financier Of Your Business?
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