Businesses That Have Equipment Are Favorable for Acquisitions

ATLANTA, Feb. 18 /PRNewswire/ -- When David M. Walker decided to transition into private practice as a business attorney he knew that there were fundamental elements of business development that many business owners never explore.  With tax season in full bloom now is the time to consider the growth cycle of business. Business owners should access the growth opportunities for their enterprises today, in two years, five years and long term.  Often times, entrepreneurs spend all of their working hours on the day to day operations of running their businesses allowing no time for strategic planning.  As a result, the strategic plan suffers: resulting in missed growth opportunities.

"There are two proven methods to grow a business: organically from customer to customer; and through the acquisition of purchasing other businesses.  As entrepreneurs spend time on their financial fitness in reviewing, accessing and completing their 2009 taxes, it's the perfect segue to consider future growth opportunities.  Even in a struggling economy, with a solid business model, careful risk management, and an experienced business attorney on the team, growth by acquisition remains a feasible business option.  Prime candidates for acquisitions are those businesses that own significant amounts of equipment.  As more stringent lending practices are in place by lenders, businesses that own equipment remain attractive to them. In this environment, lending institutions look for that kind of collateral as security," shares Attorney Walker. www.DavidMWalkerEsq.com.

As the economy struggles, growth opportunities are out there for those enterprises that have sustained the economic down fall.  Acquisitions not only reward the acquiring company but it also places money back into the economy, while maintaining and often times creating job opportunities: a win, win scenario.

About David M. Walker

David M. Walker, Esq. is Managing Partner at The Law Offices of David M. Walker in Atlanta, Ga.  He is a Business Attorney that specializes in mergers, acquisitions, divestitures, financing transactions, contract negotiations and private placement of securities.  He has extensive experience in taking private companies public and raising capital.  Prior to forming the firm, he was a corporate attorney for Bodman LLP in Detroit; President and Corporate Counsel for Hansen Gray & Company, Inc., a venture capital firm focused on hi-tech investments; and Corporate Counsel for Celsia Technologies, Inc., a public company that specializes in the use of nanotechnology to cool electronic components. He holds a Mechanical Engineering Degree from the University of Michigan and a Juris Doctorate from the University of Detroit-Mercy School of Law.  He is licensed to practice law in the states of Georgia and Michigan.

For more information on David M. Walker, or The Law Offices of David M. Walker please contact Courtney Rhodes at 404 549 8050 or [email protected].  www.urbanitycommunications.com.

SOURCE The Law Offices of David M. Walker