BusinessWeek Online is talking about borrowing from family for your business. Despite their cautionary title (“Think Twice”), they offer a smart suggestion to handle the borrowing in a structured way.
For some additional suggestions, click through our previous post on Raising Money From Family and Friends.
small biz rural entrepreneurship borrowing family business financing
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.