The topic of keeping a balance sheet is often regarded of tiring and dull. However, without an expansive knowledge of financing, businesses may never even be able to begin. Even established businesses find themselves looking to external financial sources in order to keep the corporate cogs turning.
Business finance law is a subset of business law that deals exclusively with financial planning and management. Common subjects of business finance law include making investments in property or businesses, insurance topics, banking, and marketing capital assets.
There are a variety of ways to finance a business. Small businesses or start-up companies may petition for an initial investment from larger firms or request loans from a bank. More established firms may go public, allowing stock in the company to be purchased in exchange for financial capital to be used for business expenses and expansion.
While a business law attorney can be helpful when navigating the complexities of financing a business, the best attorney for the job would be a financial law specialist. These attorneys have devoted themselves to specific niches at the intersection of law and accounting. An experienced financial law specialist can take advantage of complex or obscure pathways to acquiring capital, creating advantageous leasing agreements, or ensuring an airtight launch of stock that will maximize investment while minimizing risk to the integrity of the company.