Address1100 Summer Street, Stamford, CT 06905

Phone203-359-2047

Subscribe to this list via RSS Blog posts tagged in Norwalk commercial and business law attorney

Long Island Sound business law attorney

The importance of a carefully constructed business plan can hardly be overstated. Your business plan is the primary way to organize your business’s goals and objectives and communicate these objectives to others. Starting a business without a strong business plan is like setting off on a road trip without a map. Consider the following tips when writing your business plan.

Identify the Purpose of Your Business Plan

Before you can build a robust business plan, you must first identify what you hope to achieve by writing the plan. Some budding entrepreneurs see a business plan as little more than a formality. In actuality, creating a business plan is often one of the most eye-opening and useful duties that a new business owner fulfills. Consider how you intend to use your business plan. Is your main goal to identify business goals and strategies? Do you want to find the weaknesses and assumptions of your current business model? Do you want to introduce the business to potential investors?  

...

Long Island Sound commercial financing attorney

In order for any business to be successful, it must be able to grow and develop. While there are many ways to foster the expansion of a business, these techniques may require significant financial resources. Whether your company needs an increase in capital to hire additional staff members or to lease or purchase new machinery, a commercial loan could be the answer. As one of the most common approaches to funding a new business endeavor, a commercial loan can provide several advantages to a growing company. A knowledgeable business law attorney can help you secure the finances that are needed to grow and expand your operations.   

What Is a Commercial Loan?

Simply put, a commercial loan is a long-term, capital-heavy loan that typically has low interest rates and somewhat flexible payment options. In most cases, the approval process for this type of loan can be burdensome, which is why it is recommended to have a financing attorney help structure and apply for the loan. For business owners who are looking to foster the growth and development of their company, it is important to be aware of the benefits of obtaining a commercial loan. 

...
Back to Top