Never. Ever. Do business with family or friends. I don’t give a shit what anyone says.

Never. Ever. Do business with family or friends. I don’t give a shit what anyone says.

Honestly can’t imagine a scenario where this turns out well. You say his business makes money, but I gotta call cap on that seeing as he’s behind on bills and taxes. And I know you want to give him a gold star for his efforts and deflect the blame for the situation the businesses in. But take a good hard look

Literally the best case scenario is that his partners siphoned physical cash away from the business over time. If your brother was so ill informed to not catch something so egregious, that really calls into question his management skills. Would you really trust someone so out of touch?

Honestly can’t imagine a scenario where this turns out well. You say his business makes money, but I gotta call cap on that seeing as he’s behind on bills and taxes. And I know you want to give him a gold star for his efforts and deflect the blame for the situation the businesses in. But take a good hard look

Literally the best case scenario is that his partners siphoned physical cash away from the business over time. If your brother was so ill informed to not catch something so egregious, that really calls into question his management skills. Would you really trust someone so out of touch?

I don’t know your exact situation so take the following for what it’s worth:

Have you ever noticed that a person with many “bad” business partners tends to also be a “bad” business partner?

Does it seem like businesses that claim to have difficult financing solutions tend to be the ones that are generally mismanaged and/or have serious operational and business process issues?

When does a business investment become a personal loan? When you are related to the investee/borrower.