Borrowing Money From Family Getting cash from Aunt Pearl doesn't have to create a family feud.

Borrowing money from family members can be a great way to getstartup capital quickly and easily-but you need to do itright. Remember, you're dealing with family, and, as such,there's the potential for misunderstandings and volatileemotions. Practice damage control by fully documenting interestrates, terms and other details for loans and equityinvestments...before you get yourselves tangled up in alawsuit.


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Business News

Here's the Exact Amount of Money You Need to Be Wealthy, According to a Charles Schwab Survey

Financial service giant Charles Schwab's annual Modern Wealth Survey reveals some eye-popping numbers.

Leadership

I Fired My Smartest Employee — and It Was the Smartest Thing I Ever Did

I've seen thousands of impressive resumes over the years, but one important lesson I've learned is that intelligence without emotional intelligence can be detrimental to your team and your business.

Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

Starting a Business

As Gen Z Embraces Physical Media, This Entrepreneur Launched a New CD Music Service: 'I'm Packaging All These Orders Nonstop'

Tired of the disconnection he felt when streaming songs and albums, 24-year-old Hunter White created a company that literally puts music back in the hands of passionate music lovers.

Franchise

Thinking About Scaling From a Single Unit to Multi-Unit Ownership? Here's What You Need to Know.

Scaling from a single franchise location to multiple units demands new systems, deeper trust and a shift in how you lead.