This article explores:
- How failing to have proper paperwork in place can come back to bite you;
- The value of investing in a lawyer, even when it feels like a big investment; and
- Why sometimes, there’s no quick fix — only more hard work and patience.
When you’re starting a new business from scratch, it can make sense to borrow money from a family member to get things going.
But as Collabosaurus founder Jessica Ruhfus found out, if you don’t have the right contracts in place, things can turn sour later.