Money Talks
It pays to tread carefully when considering a loan from friends or family.
As you search for potential lenders or investors, don'tenlist people with ulterior motives. "It's not a good ideato take money from a person if it's given with emotionalstrings," says Mike McKeever, author of How to Write a Business Plan (NoloPress). "For example, avoid borrowing from relatives orfriends who have the attitude of 'I'll give you the money,but I want you to pay extra attention to me.'"
Excerpted from Start Your Own Business: The Only Start-Up GuideYou'll Ever Need
