In today’s episode of the Coast and Commerce podcast, our host Ben Amos interviews John Gallagher from Argon Law. They discuss the process of expanding a business and the different options for obtaining capital. They explore the benefits and considerations of equity financing, including bringing on external investors and sharing ownership of the business. They also discuss the various forms of debt financing, such as bank loans and alternative lending options. Gallagher emphasises the importance of seeking advice from professionals, including lawyers, accountants, and finance brokers, to ensure the best setup for business expansion.

Takeaways

• Expanding a business requires careful consideration of different financing options, including equity and debt.
• Equity financing involves bringing on external investors and sharing ownership of the business, which can provide access to capital and additional resources.
• Debt financing involves borrowing money from lenders, such as banks or alternative lenders, and repaying it over time.
• Seeking advice from professionals, such as lawyers, accountants, and finance brokers, is crucial to ensure the best setup for business expansion.
• The choice between equity and debt financing depends on factors such as the business's growth potential, control preferences, and financial situation.

Chapters

00:00 Introduction and Background of Argon Law

06:01 Areas of Law Specialisation at Argon Law

10:11 Different Forms of Equity Financing

24:49 Exploring Debt Financing Options

29:10 Caution and Advice for Business Expansion

33:42 Conclusion and Contact Information

Keywords

business expansion, capital, equity financing, debt financing, external investors, legal structures, professional advice

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