Category Archives: Family & Friends

How an entrepreneur’s prenup avoids messy small business divorce

People often view a marital prenup like having a bucket of ice-cold water dumped on your head. Small business owners…

Read More

All You Need Is Love . . . ?

From the other side of the globe, I came across an interesting post on “Mixing Business with Friendship,” which adds…

Read More

Help! I Need Somebody . . . Not Just Anybody

Well if this just isn’t the week for Beatles songs!  Justin Knowacki has a post on getting by (or not)…

Read More

A Succession Plan Blueprint for Family Businesses

I recently spoke at a seminar on the subject of buying and selling a business.  One of the most common…

Read More

Basic Training: Could An Agreement Save This Family Business?

Q: I have worked for my dad for more than a decade. He recently told me he wants to stop working…

Read More

Nina Kaufman Dishes on Fox News About Borrowing Money from Parents For Your Biz

As a business owner looking to grow, there may have been times when you’ve been strapped for the cash you…

Read More

Should You Ever Invest in a Friend’s Business?

“Neither a borrower nor a lender be,” said Shakespeare (see context below) … but what about being an investor? If you’re…

Read More

Raising Capital from Family and Friends

They say that “fools rush in where angels fear to tread,” and the same applies to raising capital for your…

Read More

When Friends and Family Finance Your Business

Don’t get sloppy: Handle transactions properly to preserve your personal ties. You’re ready to launch your new business. Your credit…

Read More

Paying Back Private Investors

Any time you accept money from someone else to help your business grow, you should put that relationship in writing.…

Read More