If you are looking to use stock as a funding tool to grow your business, then there is a second important consideration:
What is the source of funding you intend to use for achieving your growth?
- My company has more than $1 million per year in net profits.
- I am confident that on my own, without the help of a broker/dealer or investment banker, I have or could obtain willing investors if I had a public company offering them both liquidity and an exit strategy.
- I want to go public as a means of attracting the funding I need, but which I currently lack, for accomplishing my company’s growth.