Firm Attorney Practices Publications Events Contact
 
   Firm Overview
   Practice Areas
      Business Overview
      Real Estate
      Wills & Estates
      Orphans' Court          Litigation
      Commercial          Litigation
      Securities & Tax          Planning
      Venture Capital
   Title Insurance
   Experience
   Publications
   Events
   Office Location
   Links
 
 
 
 

Business Operations

A business plan should be drafted to assist in defining the target market for the business and its competition. The business plan will also identify the management team and its personnel. One key advantage for the business plan will be in the application for a business loan. Lastly, the business plan will provide a description of the business including its business form, whether it is a proprietorship, partnership, or corporation. The business description will also identify the product or service and why it will be profitable.

The market should be clearly defined and the founders clearly identify how the business will satisfy certain market wants and hold a particular market share over the passage of time. The business plan will explain how the product will be priced. A description of the key competitors is always included in any comprehensive business plan. Most plans include the top five or ten competitors.

In applying for financing, the business plan should explain how the additional funding will make your business more profitable. The business should establish a procedure for making borrowing decisions and all borrowing should be planned based upon forecasted budgetary needs.

Dorazio Law Group, P.C. can assist the business in its business planning and financing needs from drafting the business plan to completing complex commercial transactions in order to meet its financing requirements. There are numerous state and federal financing programs available to supplement the business's current debt program or to replace the financing in place with a total restructuring. As with all global decisions made my business in terms of its decisions, legal counsel should be sought at the beginning to assist management early on in the decision making. Attorneys will the firm come from a strong business background with experience in large Fortune 100 companies, banking and the government.

For details, please contact Dorazio Law Group, P.C., at 724-934-6325 or email at info@doraziolawgroup.com.

 
 

Legal & Privacy

 

120 Church Road - Wexford, Pennsylvania 15090 - 724-934-6325 (phone) - 724-935-8863 (fax)

Home   |   Firm   |   Practices   |   Attorneys   |   Articles   |   Events   |   Legal   |   Office   |   Links   |   Contact

Copyright 2004 - Dorazio Law Group, P.C.
   |   Site Design by Arcadia Solutions, Inc.