How to raise funds from your personal network

09/10/2013 | Entrepreneur online

Raising money from family and friends can help you to gain access to the funds you need to get your business off the ground, but it also has the potential to strain your personal relationships. If you want to raise money from your relatives, you should start by describing your business plan verbally and then provide written materials at a later date, according to this article. Your family members may be more likely to invest if you have already put some of your own money into the business.

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