Money . . . Money . . . Money. . . It is at the core of all of our businesses. Ideally, you make money. What if you need it? What if you need it to start or expand your business? What if you need it to carry you through some of your harder times (let's face it, we all have them)? There are all sorts of sources of funds. You can borrow funds from family or friends. You can solicit investors. You can seek funds from a lender through vehicles such as traditional loans, SBA loans or lines of credit. This month we will be exploring SAFE (Simple Agreement for Future Equity) crowdfunding as one of the newer funding vehicles.
Periodically, we will be coming back to the theme of financing to discuss different ways to bring money into your business. Different methods will work differently for your business. Each carries unique risks and consequences. Please reach out to Gordon Law if you ever have questions about how to finance your business.
Crowdfunding generally refers to a financing method in which money is raised through soliciting relatively small individual investments from a large number of people. Read HERE to learn more about SAFE crowdfunding.
As a business owner, you need to always be attentive to your bottom line. Did you know that Gordon Law offers a predictable, comprehensive and affordable way to ensure you are receiving the legal services you need? Your In-House Counsel empowers you to have an attorney at your disposal to ensure the success of your business. Please read MORE about Your In-House Counsel here.