Since the beginning of this law firm, business goals and relationship-building have been serving as the nucleus from which all of our other practices originate. 

 


Organizing & Managing the Venture

For an entrepreneur or an investor, forming a business entity can presumably be a simple task especially in comparison to developing a sustainable business model or product. However, this intitial step of the process is among the most crucial because an entity stands to shield the entrepreneur/investor from personal liability for the acts of the business.

Like a new nation borne by mutual agreement, any business entity will be benefit by having its bylaws, agreements, acts, and memberships formally organized with a little corporate governance. Among co-founders, sooner rather than later is the best time to put a business relationship in writing.

Managing the Venture typically means managing the Venture's relationships with third parties. They may be employees, independent contractors, service providers, vendors, suppliers, and of course clients and customers. Please reach out to us for a consulation on all of these matters as we aim to build profitable and beneficial relationships with a priority on your needs.

Financing the Venture

The startup entrepreneur typically seeks out investment from the community via equity financing. After investing their own personal funds, entrepreneurs seek small to moderate amounts of investment from their friends and family. Once the entrepreneur requires more investment, they turn to wealthy figures or groups of wealthy figures called "angel" or "angel group" (hence the term: "angel investing"). The big reward prior to an Initial Public Offering or a sale is securing an investment from a venture capitalist.

Debt financing constitutes another legitimate form of raising capital. Depending on the needs for the loan, an entrepreneur may require a revolving loan or a term loan. Revolving loans are made available for a specific period of time and may allow a borrower to reborrow amounts it has repaid up to a certain limit. A term loan is the more common of the two and are borrowed generally for a specific purpose such as purchasing another company, essential equipment and inventory, or funding a project. Feel free to schedule a business lunch with Robert in order to learn more.

Exit Strategies

Exit strategies are the manifestation of an entrepreneur's or investor's goals since the venture's inception. Was it to quickly build the company's value and sell it for a high price? Or was it to build a company sustainable enough to provide for the entrepreneur's income? Whatever it may be, your ownership of your company can be transferred to another by a merger & acquisition, a sale of the company's assets, or a sale of your stock. The Santos Firm would be happy to help you with executing an Asset Aquisition Agreement or Share Purchase Agreement. We promise to execute the contract closing in an efficient and thorough manner.