13 Dec C-Level Buy-In For "Going Public"–A Few Questions
When it comes to going public, eventual success requires complete buy-in from all C-level operatives. The following general questions should be helpful throughout the process.
- In addition to the company being prepared to go public, is management ready?
- Is the company prepared to ensure significant growth occurs the year following its public offering?
- Pending foll0w-on or public offering capital raising, does the company have the right management and players lined-up to assist in the planned growth?
- Does the company’s product hold the right intellectual property? Has it been properly tested if it’s not yet been launched?
- Are the proper licensing and credentials in place for products or services the company intends to peddle?
- Is the company prepared for proper and timely financial statement reporting?
- Is the company prepared from a research & development perspective? What preparation areas for R&D can be better improved?
- If outside investor pressure is occurring (or may be expected to occur), what is management doing to ensure the issues are or will be addressed?
- What strategic planning, if any, has been implemented
- Is the company prepared for public company liability issues that may arise after its shares are listed on the public exchange?
- Is the company ready for the loss of privacy that will naturally occur with the increase in exposure after the public offering?