As part of his tax and legal tips video series, Entrepreneur Network partner Mark Kohler today talks about techniques to get investors onboard when starting your business. He say that it's paramount that you understand the terms you're using when you're bringing others into the mix and using their money to get started.

Watch the video to learn the subtle differences between lenders, investors (silent partners especially) and partners before you approach them with your game plan, and check out Kohler's new book, The Tax and Legal Playbook, at Entrepreneur's online bookstore.

Related: Be Smart About Writing Off Your Smartphone During Tax Time