Thinking about putting money into your child’s business? Read Ron Lieber’s Your Money column first. Here’s an excerpt:

“If your child were a stranger, you’d ask many of the same questions that professional investors do when deciding whether to put money into a start-up. Do the founders have the right kind of experience or expertise? Are they asking for too much (or too little) money?

“Then, you’d want to look at the business plan. Your child did come to you with a business plan, right?”

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Tags: Business