A Good Business Plan May Turn your New York Startup Into Dollars

Recently, we wrote about the two main tools available to small businesses to stir interest in and investment in your business – the business plan and the private placement memorandum.  While this blog is, mainly, for New York businesses, the following article can apply to business throughout the world. A business plan is a document created by businesses with a few goals in mind.  It should introduce your business idea, describe the fundamentals of your business and provide financial data to show potential investors that your business idea may be profitable. A business plan canentice potential investors or simply be a road map for yourself to chart the course of your business.  For now, let’s focus on how to use a business plan to raise money for your start-up. If you want your business plan to be attractive to investors, it must be a more persuasive document than a simple

Continue reading

New York Business Plans or Private Placement Memorandum? An Introduction

(Editor’s Note – This introductory article is the first in a series of blog posts that will explore how small businesses in New York can look to grow through outside investment. While these articles are instructive in nature, we always urge that you consult an attorney before making any decisions! We here at IPG stand ready to help, so please contact us!) Everyone who goes into business believes they can succeed if they have the capital. If only you had the capital to take off.  But how do you get from point A to point B?   And how do you get your hands on that sweet investment capital that you so desperately need.  There are two tools out there that can be used to stir interest and attract investment. A business plan is a document that describes the fundamentals of your business idea and provides financial data to show

Continue reading