Keeping your friends away from your business

05/10/2010 | NYTimes.com

Entrepreneurs tend to have a lot of overlap between their business and personal lives, but hiring friends for key positions is one line you might not want to blur, writes Barbara Taylor, who cites the example of a trusted friend whose sloppy bookkeeping delayed a business sale for months. "Letting friendship trump the needs of your business can be a sure way to damage both," she writes.

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