1st Step when Starting a Business or Buying Business with Family or Friend Starting a business with family or friends can seem like a great idea. You get to work with people you trust, you can divide the workload, and you can make money together. However, starting a business friends can also be a recipe for disaster. Starting a business with family or friends can seem like a great idea. If the both of you have a thing for businesses, and get the rush with challenges, it surely does seem like a wonderful idea. There are several important steps for starting a business with family: Step 1: STOP Step 2: Assess Your Relationship Step 3: Define Roles and Responsibilities Step 4: Create a Business Plan Step 5: Get Legal and Financial Advice Step 6: Secure Financing Step 7: Start Small and Test the Waters Read More: https://theentrepreneurreview.com/steps-of-starting-a-business-with-family/ #startingabusiness #newbusinessowner #smallbusiness #howtostartabusiness #businessowner #businesstips #onlinebusinesstips #smallbusinessadvice

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