How do you handle a situation where the one you love asks for a loan to fund a business?
Great question, but the answer may not be so simple. In a situation like this, it’s important for you to clearly differentiate your emotional feelings from the business concept and loan request. Unfortunately, this isn’t necessarily a simple task. It is natural to want to assist the one you love. However, just because you’re involved in a relationship with her doesn’t necessarily obligate you to make a loan to fund her business venture.
It would be in your best interest to evaluate a business loan to your girlfriend in the same way you would with another 3rd party. Be willing to sit down and ask the tough questions.
image credit: black enterprise
Read More: http://www.blackenterprise.com/money/help-my-girlfriend-asked-me-for-a-loan-to-start-a-business/
BlackEnterprise.com is the premier business news and investment resource online for African American business owners and aspiring entrepreneurs