Tag Archives: Family And Friends As Investors

Is It Wise To Use Your Family And Friends As Investors?

Family And Friends As Investors

Most small businesses need to raise capital in order to be able to grow. The start-up phase is always very delicate. There are many expenses you need to make, but you don’t have enough paying customers to cover such amounts. Under these circumstances, you have to finance your business from your own pocket for a while. What if your pockets are empty? Are you doomed to fail just because you can’t pay for the necessary tools for growing a business?

Some people think to take a loan from a bank or to max out their credit card. However, such solutions