FINANCE + CAPITALIZATION OF COMPUTER BUSINESSES
Whereas most technology enterprises are initiated by innovative ideas, these ideas are dependent upon the attainment of financing to bring them to market. Without adequate financing, all the great ideas and hard work will be for naught. As such, developing an impeccable business plan and positioning your business to successfully solicit adequate financing, are pivotal to your business' long-term success.
CERTAIN RISKS *
Discounting the Importance of Numbers.
Ä Financiers are driven by financial numbers, not fascinating theories and inventions. There are millions of inventions that never saw the light of day because the inventors forgot this simple economic reality. Financiers want to know how they will make money through their advancement of credit, so you had better have the facts and figures to demonstrate the financial viability of your technology venture.
Saving when Spending is Dictated.
Ä Penny-pinching when a business is seeking to acquire financing is one of the biggest mistakes that new enterprises make. Obtaining the right financing, on the right terms, is an essential element of moving your technology project forward. Without professional input, your business could miss significant financial opportunities or agree to terms that are less favorable than were otherwise attainable.
* The preceding list(s) of risks is not meant to be exhaustive, to the contrary, it is meant to illustrate a few of the many dangers that can arise when a business fails to retain the legal services of an appropriate lawyer.
Contact computer lawyer Christopher R. Neufeld of Neufeld Legal Professional Corporation at email@example.com or 403-400-4092 for businesses situated in Calgary and Alberta or 416-887-9702 / 905-616-8864 for those businesses situated in the Toronto Business Triangle (Toronto-Hamilton-London, Ontario).
Christopher R. Neufeld, an attorney with Neufeld Legal Professional Corporation, is admitted to practice in both New York (U.S.A.) and Ontario and Alberta (Canada), and represents computer / information technology businesses in the United States and Canada, and foreign technology companies engaged in commercial operations in North America. The law firm has offices in Calgary, Alberta; Toronto, Ontario and Burlington, Ontario. For more information pertaining to business finances and the law see www.financinglawyer.ca. COPYRIGHT 2008/12.