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Should you invest in your dopey nephew’s business?

Should you invest in your dopey nephew’s business?

By Nina Kaufman, Esq.

Ever been hit up to invest in a friend’s or family member’s business? Is it wise to do so—given that you know them so well? What steps should you take when asked to invest (or lend money for) a loved one’s business? Tune in to Wall Street Journal Radio, where I sit down with Veronica Dagher on the “Watching Your Wealth” program.  We identify: •    The top red flags that come up—and how to tackle them confidently •    Why you need to be even extra formal in your conversations about expectations •    The very first thing you should get in hand from your friend/relative before you invest •    How often you should check in about your investment Listen to the very end as we have some fun when I take their financial questionnaire.   You deserve to be paid, protected, and prosperous. Kaufman Business Law can help get you there. If you are a New York based business, contact us today. Contact Us

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.