Separating business from pleasure on Facebook

If you are a Facebook user, you have probably encountered the situation where a business associate wants to friend you (yes, friend has become a verb, thank you Mark Zuckerberg). So what is the proper response to this friend request? Do you accept the offer and expose all of your personal exploits and family chatter to your business associates? Do you reject the offer and risk offending an colleague or a potential client? Do you clean up your act and stop posting pictures of potentially embarrassing poses (okay, you should probably do that in any case)? There is another alternative?

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