Steve Blank has a great article & discussion on why lawyers don’t run startups. While most people are only familiar with attorneys when things go wrong, there are a lot of attorneys out there that help clients wade the through their business transactions. As lawyers, we often have to identify potential risks in a transaction,…
Tag Archive: Promissory Note
Loaning Money to Friends, Get It in Writing
Articles on Tips on Loaning Money to Friends
More on (Not) Loaning Money to Friends
I wrote about how loaning money to your friends or family can really change your relationship. Nora Dunn over at Wise Bread, a personal finance blog, writes about the same thing, navigating the pitfalls, and what questions. @ Wise Bread: Borrowing from Friends: The Friendship Killer
Want to Loan Friends or Family Money? Protect Yourself or Kiss the Money Goodbye
No good deed goes unpunished. Clare Booth Luce, in H. Faber, The Book of Laws, 1980 US diplomat, dramatist, journalist, & politician (1903 – 1987) (Source) I’ve seen it happen often: a family member, friend, or even friend of a friend comes to you with a sob story like “my cat is sick” or “I need money…