Determine what your needs for business financing are. Do you want to start a business? Look at the different legal structures available. Be informed and let your legal advisor know what your want. Learn about Lean Start Up Theory. Filter your attitude to risk. Do you have a business that you have determined is ready for growth? Understand the various types of financing, fund raising available – Venture Capital, bank finance, leasing etc. Test to see that your business is optimised and ready for growth. Is your working capital sufficient to fund this growth without, or with little, business financing? The size of your business will determine your need for shareholders and business partners. Understand the terms and agreements that are required.
Tell Your Business Legal Advisor What YOU WANT?
Business Legal Structures The best form of legal structure in which to place your business is something you should get legal advice on, without doubt. But, it is important that you think about what you want from your structure. When you brief your legal advisor, you should have a pretty good idea...