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by Mastodon on January 4th, 2009

Mastodon

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Doing business with friends, good or bad idea?

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Answers. 15 helpful answers below.

  • by Schroeder on January 4th, 2009

    Schroeder

    Never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never, never!
    Don't do it.

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  • by Sheriff Raff -Answerhag on January 4th, 2009

    Sheriff Raff -Answerhag

    Even worse than doing business with relatives. If things go south with family, you will be happy not to talk to them.

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  • by loves.CSI.vegas on January 4th, 2009

    loves.CSI.vegas

    BAD BAD BAD! Get EVERYTHING in writing!

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  • by Rahbar on January 4th, 2009

    Rahbar

    It should be Within the Terms and conditions of business!

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  • by BROADWAYTHECAT on January 4th, 2009

    BROADWAYTHECAT

    bad idea...very bad idea

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  • by Sosueme on January 4th, 2009

    Sosueme

    Do it often. Sometimes good and sometimes bad. The one downside, at least doing what I do, is not getting paid or not charging. The other downside is the possibility of not doing a good job. But, in the same sense, friends and word of mouth is how I get business. Bit of a double edged sword.

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  • by FallenAngelsScream on January 4th, 2009

    FallenAngelsScream

    Oh boy, seen this case before. Not the best idea, but if its something your gonna go through with, get it all in writing, have them sign, have copies, make sure they understand it, everything.

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  • by Bigessfour wears a Army COAT on January 5th, 2009

    Bigessfour wears a Army COAT

    Not a good idea if you want to keep them as friends.

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  • by Mr.LiAr . . . . . AwAy on January 4th, 2009

    Mr.LiAr . . . . . AwAy

    nop never a good idea

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  • by royal77 says hello friend on January 4th, 2009

    royal77 says hello friend

    Sometimes good, sometimes bad. But many things can go wrong with friends and family, it's good to draw up a good contract.

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  • by Shan is Purrrrrfectly Happy on January 4th, 2009

    Shan is Purrrrrfectly Happy

    i avoid it like the plague. being in real estate for years, ive seen family members and friends turn on each other like rabid animals over money. the power struggles are ugly but true. i would not expect such bad behavior from my best friends ~ i dont imagine them operating that way ~ but i wouldnt want there to be even the remotest possibility of weirdness happening and friendship lost due to a business transaction gone awry. also, theres a big difference between enjoying hanging out with someone and working with them.

    i also learned from my mom, who had a few business partners that started out as friends. every business partner tried to stab her in the back. i would like to keep mine scar free.

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  • by T.K. on January 4th, 2009

    T.K.

    BAD!!
    BAD!!
    BAD!!
    BAD!!
    BAD!!
    IDEA!!

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  • by Teri on January 4th, 2009

    Teri

    bad news........

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  • by shady on January 5th, 2009

    shady

    me and my best friends do deals back and forth all the time and have for thirty years

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  • by Baccduckus is a Carbonproduct on January 4th, 2009

    Baccduckus is a Carbonproduct

    You and your friend must both be prepared to separate business from personal. Either one of you could make this a disaster. But both of you together could make it an unparalleled success.

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