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Asking for help is one thing; asking for financial help is another beast all its own. Yet many entrepreneurs turn to family and friends to help fund their business.

A recent study from the National Knowledge Commission shows that 63 percent of entrepreneurs “self-financed” their business, but that doesn’t mean every owner saved up their own money. Upon closer investigation, at least half of these entrepreneurs asked friends and family for financial support.

Image: Tom Scarda, a business consultant, offers tips to ask friends and family to fund your business. - http://articles.bplans.com/

To read the original article: How to Ask Family and Friends to Fund Your Business | Bplans