So far I do business with my friends, the business runs smoothly and there are no problems, but we cannot entrust 100% of our business to our business friends. We must always check according to existing procedures and discuss existing problems with each other because business is a business of many friendships. it's not good just because of money even family relationship is also like that to solve the problem it doesn't happen still always be wary of our own friends or family because money can be a source of problem in relationship
Doing business cannot trust anyone 100% even your family, there should be suspicion to anticipate financial abuse from your staff, but in the current era it is very easy to identify company finances because everything is recorded in the application so any errors can be easily found, so all procedures apply to all employees without exception your friends and even your family.
Also, those close to you tend to take you for granted since they know that they are close to you. That is why I might not be interested to make business with a family or friend since there could be a lack of professionality in the workplace that may results to some problems on the business. But, this does not mean that it cannot happen since there are some people who are really business oriented that they are passionate and serious on what they do and know how to be professional, setting aside the idea of being friend but rather be a business partner who do its part in making the business successful. So, you learn to assess your potential business partner since they would really affect the way your business would work and also how successful can it be in the future.