In this edition of At the Whiteboard, I discuss the benefits and risks of funding your new business with money from friends and family. Friends and family can be a great source of funding for your business, but you must be careful to not damage any relationships. You should also ensure you have terms for the funding like it was a business relationship.
How can friends and family help you make your business happen?
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Dallon Christensen helps business owners make the most of their time and money. Dallon's experience in business and passion for teaching helps his customers increase profits and work on growing their businesses. Contact Dallon for more information on how Whiteboard can help you build your great business!