Venture Capital and Financing Guidance
Pricing: Highly dependent on specific circumstances, typically billed at an hourly rate.
Starting a new business can take a significant amount of capital. Costs include prototyping and early manufacturing, hiring early talent, leasing or purchasing property, and the cost of inventory and equipment.
Fortunately for Utah startups and new businesses, there are a variety of sources of capital to fund your new business. Sources include traditional financing such as from bank loans and family members. Other sources include venture capital, angel investors, and crowd-funding. Even within these broader categories are subcategories depending on the size of your business, its needs, and its products. Utah’s access to capital for entrepreneurs seems to get better every year.
How a business entity is formed and structured can have significant implications on its ability to obtain certain types of capital early and later on. Origin Legal will advise you regarding the type of entity that may be best for certain types of financing and will help you navigate and negotiate the process to obtain capital for your business.