Now is a great time for female business owners to take their companies to the next level. In fact, the Denver Business Journal recently reported that Colorado’s number of women-owned middle market firms is slightly higher than the national average.
Middle market firms are firms bringing in between $10 million and $1 billion in annual revenue. About 7 percent of the 142 middle market firms in Colorado are owned by women, which is slightly higher than the national average of 6 percent.
The Denver Business Journal also reported that firms owned by women and minorities are entering the middle market at a quicker rate than the average commercially-active business, nationally speaking. This means that women- and minority-owned businesses are getting the backing they need to succeed.
One way of doing this is by securing venture capital funding, which can help you to expand your business when conventional financing is difficult to find. Venture capital “angel” investors are willing to make short-term, high-risk investments on any business idea they think could turn a major profit.
These types of investments are especially common in the software, high-tech and biotech industries.
Bryan E. Kuhn, Counselor at Law, P.C. helps his clients find these investors and then win them over with an established business plan. He manages and oversees the entire deal between investors and his clients so that the requirements of the venture capital investors are met and his clients’ interests are protected.
Venture capital funding is just one way in which women who own businesses in Colorado are taking their companies to the next level. Arrange a consultation with our firm to find out how to grow your business while making sure legal concerns such as growth capital and employee issues are addressed.