There is no need to have proper documentation with family and friends if they become investors in your business. Everybody can be trusted on their word.

Question

Quizplus · Accepted Answer

It is always important to have proper documentation when dealing with investments, even if they are from family and friends. This not only protects both parties involved, but also helps to avoid any misunderstandings or disputes in the future.

There Is No Need to Have Proper Documentation with Family