In the world of small business, raising funds is typically a step that most successful small businesses will have to take. Often, loans or investment are difficult in early stages of a business’ life cycle. Many entrepreneurs find that working with friends and family to raise funds is a reasonable and effective approach. This workshop will focus on best practices for working with friends and family to raise initial rounds of funding. Participants will have the opportunity to learn the following key points.
During the workshop we will discuss different approaches, risks and benefits. Additionally, we will look at several types of documents that serve to outline agreements with friends and family members.