Is Going Public Right for Your Company?
Just because your company needs capital does not mean that going public is the right answer or even feasible. We help you evaluate the pros and cons as well as the alternatives. If an IPO makes sense we help you assemble the professional team including underwriters, attorneys and accountants. We also assist in negotiating underwriting fees and discounts.

What Are the Advantages and Disadvantages of Going Public?
Going public is a costly and time consuming process that can provide significant benefits - access to long term capital, improved financial condition, ability to attract and retain key personnel, improved visibility for the business, an established value for the stock and potential liquidity for the existing owners. These benefits must be weighed against certain disadvantages such as pressure for short term performance, lack of confidentiality, possible loss of control, restrictions on insiders, initial and ongoing costs and potential liability.

How Much Does Going Public Cost?
Internal costs of the company executives is difficult to quantify but can be substantial. While the underwriter's commission is paid at closing from the proceeds, direct external costs are paid whether or not the offering is successful. In addition to internal costs and underwriter's compensation (commissions, direct expense reimbursements and other fees), other significant costs include legal, accounting, printing and various regulatory filing fees.

What Are the Alternatives to Going Public?
At any given time, the company conditions may be right but the market conditions may not. We help you evaluate the alternatives including exempt offerings, commonly referred to as private placements, whereby accredited investors (individuals or institutions) provide the funding. Joint Ventures and Strategic Alliances should also be considered as alternatives.

Are You Prepared to Go Public or Is Some "Shaping Up" Required?
It is never too early to start planning an IPO. We help you assess the key steps and evaluate your readiness. Where corrective action is required we provide direct assistance or refer you to other professionals. Key areas for evaluations are: business plans, relationships with professionals, the management team, the board of directors, compensation programs, audited financial statements, corporate records (stock, articles of incorporation, bylaws, contracts, etc.)

Assemble the Best Going Public Team
Your team will include management and legal counsel, the underwriter, the underwriter's legal counsel, independent accountants, a financial printer and possibly a financial public relations firm. We can help you develop selection criteria and identify suitable candidates.

If an IPO makes sense we help you assemble the necessary professional team. We also assist in negotiating underwriting fees and discounts. Our independence, understanding of capital markets, valuation expertise, research capability, understanding of the IPO process and the subsequent reporting requirements, is valuable to you. With loyalty only to you, we research, advise, negotiate, and manage all aspects of an IPO.