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Funding a business
How to get funding from family
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[QUOTE="Alexandoy, post: 207181, member: 25510"] In the Chinese tradition putting up a business is part of the responsibility of the family. That means when you plan a start up your parents, siblings and close relatives are there to help you. Even with the lack of capital, friends would approach you to offer help. But that is the Chinese way of doing business. But in our culture it is to each his own concern. When you start up a business don't expect help from the family particularly financial help. You will just be disappointed. As the saying goes, been there, done that so I am speaking through my experience. Maybe in some other culture the family can be a source of assistance for a start up especially for the capital. You are lucky to have a family who is willing to help. [/QUOTE]
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