How Do I Raise Money from Friends and Family? Yemisi Akinbobola Answers Your Question.

 

Yemisi  Akinbobola (PhD) is the Founder and Editor-In-Chief of IQ4News, a collaborative platform for news on Africa, which publishes reports from professional journalists, journalism students, bloggers and field experts.

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When you are trying to raise money from family you need to tread carefully. You should always treat business as business so while a brother or mother might be able to loan you money for your business, they need to be aware of the risks involved like any other investor. Things can and do go wrong and they need to be made aware of this so that if the worst happens, they are not taken by surprise.

 

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