• The Nitty-Gritty Truth About Loans From Family and Friends

     

    http://www.entrepreneur.com/article/241486Have you heard of FFF money? The FFF stands for family, friends and fools. Many new entrepreneurs receive the initial funding for their businesses from people close to them, causing these relationships to start sliding toward disaster.

    Money from the FFF group represents the largest source of funding for new startups, according to the “Global Entrepreneurship Monitor 2012 United States Report.” While some of these funding arrangements have happy endings, all too many end painfully, with consequences ranging from unfortunate to disastrous.

    Before considering FFF money as an easy way to start your business, consider the following: Read more…