ESCOBAR AND ASSOCIATES ANNOUCEMENT REGARDING COVID-19

Escobar and Associates Attorneys at Law remains open during the COVID-19 Coronavirus pandemic. Legal services are defined as “essential” within the Stay at Home Order executed by Florida Governor, Ron DeSantis. We remain committed to providing uninterrupted legal services to all clients. We also remain dedicated to the health and safety of our clients and staff. Within the office, our firm has already implemented protocols to keep clients and staff safe during this crisis. We understand as criminal defense attorneys how crucial it is for our attorneys and staff to remain available 24 hours a day, seven days a week to provide legal services for clients in need.

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Investors important to many young businesses

| Feb 27, 2015 | business formation and planning

For some individuals, starting a business is a dream come true. As anyone who has been through this process can likely attest, there are many components that must be addressed to even get the business off the ground. In a previous post, we discussed one of those components—selecting the way it will be formed. In this post we will focus on another necessary element of starting a business. For almost any new business, securing funding is usually a priority. 

The price tag associated with realizing the dream of starting one’s own company is not cheap. While there are those who have the personal wealth to back their own start up, this is not always the case. In situations such as these, would-be business owners may turn to investors to fund their endeavors.

According to some, many of the people who succeeded in securing funding for start-up businesses toward the end of last year did so because of the stock market. When the stock market is up, everyone—including investors—is prone to spending more than they otherwise might.

One investor said she felt comfortable investing in a young company because she felt a certain amount of security about her financial stability long-term.

Just how long the rapid fund raising that businesses took advantage of late last year will last, remains to be seen. The more erratic nature of the market since then could translate into fewer investors opting to take risks on start-ups. Only time will tell.

Regardless of how easy it is for a young business to raise the funds needed to make a go of it, it is important that the business takes the steps necessary to protect itself. Accordingly, working with a lawyer to make sure all of the bases are covered, is a good idea.

  • Martindale-Hubbell | Top rated lawyer in Tampa | Richard Escobar | For Ethical Standards and Legal Ability | Martindale-Hubbell Top rated lawyer
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