Wednesday, December 9, 2009

NoLo Business Loans from Family and Friends, by Ahseesh Advani

Get this book. I’ve read over 15 Nolo titles, and this ranks among the top two. Most Nolo books are filled with forms and layman law information. This is a strategic book. Identify who to ask, how to tactfully ask them, assess the financial-personal relationship situation, provide them with sound paperwork, ensure if the worst happens that they receive at least an IRS deduction, become an investor PR department. I had thought loans involved primarily begging and then basic paperwork. This one shows the strategies, tactics, and relationships involved. I was really surprised at the quality of this book.

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