But sound business judgement requires a dispassionate approach....
Consider all options
beforehand...
You have a long list of OPTIONS / ALTERNATIVES to consider depending
upon your company's situation. Many alternatives to going public, really!
After all, your basic need is to raise additional capital for
your expansion project or some other business aspirations. It can be accomplished
in many other ways.
Major Options:
1. COMMERCIAL BANKS LOAN
2. EXTENDED TERMS FROM YOUR SUPPLIERS
3. EXPEMPT OFFERINGS and PRIVATE PLACEMENT OF EQUITY OR
DEBT
4. VENTURE CAPITAL
5. LEASING
6. INSTITUTIONAL INVESTORS
7. R&D PARTNERSHIP
Any more?
All these options carry different price tags and pros and cons. Some may just not be
workable for you; some may be just right for you.
Just possible there is another innovative solution to your special situation.
Only a careful look at your books, the numbers, your market, your products, your
industry, your future prospects and the TIMING can land you the right
option. Let the professionals help you. You MUST explore all OPTIONS.
One of the above OPTIONS that your decide on may save you bundles, time
and the pain.
So you need to discuss with the experts.
Don't count on your own judgement. Don't rely soley on In-house talents.
You will eventually find our professional advice was the most sound business
decision you ever made.