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If you want to really start a business, you must first plan the direction, (which industry to do? What is the industry prospect? How is the industry competition? How to operate the company? Where is the company located? Why?) so that you can talk about the capital.

How about asking relatives to borrow money to start a business? How to ask relatives to borrow money

How to borrow money from relatives

1. The tone is sincere. If you really want to borrow money from your relatives and friends, please be sincere, explain your difficulties to the other party, and let the other party understand your current difficulties. When borrowing money, you must have a good attitude. No matter whether the other party is willing to lend you money or not, don't be angry with the other party.

2. Justification. When borrowing money, you must explain to your relatives and friends the purpose of the money, what you are using the money for, and whether there is a legitimate reason, so that the other party can judge whether to borrow money from you or not.

3. Write down the guarantee. When borrowing money from the other party, be sure to write down the IOU and list the return date 1 on the IOU, so that the other party can be more confident to lend you the money.

4. Find someone to guarantee. If you have bad deeds on weekdays and your friends and relatives are not sure to lend you money, you can find a reliable guarantor to help you at this time, so that the other party may be willing to lend you money.

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