Any time you take money into a business, the law is very explicit: You must have all agreements written down and documented. Mike McKeever More Quotes by Mike McKeever More Quotes From Mike McKeever It’s important to take the time to keep them informed. Mike McKeever us Don’t pile on the emotional pressure—emphasize that you’d like this to be strictly a business decision for them, if relatives or friends feel they can turn you down without offending you, they’re more likely to invest. Give them an out. Mike McKeever us Don’t be cavalier about paying the money back, that kind of attitude could ruin the relationship. Mike McKeever us This makes it clear the subject of discussion will be your business and their interest in it. Mike McKeever us It’s important to treat the lender formally rather than casually passing your request off with an ‘If you love me, you’ll give me the money’ attitude. Mike McKeever us
