It is not good to do business with relatives. As long as it is related to money, do not develop with relatives. Because good times are a family, and bad times are the biggest enemies. My brothers have to settle accounts, not to mention some distant relatives. It's better to find a good job than to do business with them.
Because doing business is to make money, and it is easy to be shameless to do business with friends and relatives because of a small profit. In this case, I would rather not. Many experiences tell us that when we do business with relatives and friends, we will eventually become strangers.
At the beginning, relatives and friends often don't care about each other very much. This is the crux of the problem. If we do business with relatives and friends, we will trust each other enough. If this person uses the partnership relationship to obtain some improper money, such as false price, and you find out later, but did not take any preventive measures before trusting, and because they are relatives and friends, they are not willing to go through legal procedures, then you will have to bear the losses.
If they don't do a good job in business partnership with relatives and friends, they can't blame them. If you blame them, they may bite you back. They will say that it is not easy to do business with money. Everyone wants to make money. Now he doesn't want to do this, and your money will be wasted.
And you may feel that relatives and friends do not need to be so clear about each other's tasks. Instead, you do a lot of things silently, but others may not know your good. In the end, if you don't do anything, you can't tell me. Therefore, we should be cautious when doing business with relatives and friends.
No matter who you are doing business with, you should sign the agreement before investment, and put all the rules and regulations on benefit distribution and exit mechanism into writing and both parties should sign it. So if you can have clear requirements for partners and clear plans for the partnership's business (mainly shares, work tasks, benefit distribution, etc.) when starting a business, you can cooperate with anyone.
