4 Steps to Prepare for an IPO


So far, IPOs have continued the booming pace in 2014. While some have worried about a potential bubble, with the JOBS Act in place and an improved economy, I believe the accelerated pace won’t be slowing down anytime soon.

If you are building a company today, you may want to consider whether or not an IPO is right for you. Keep in mind: the average duration from first financing round to IPO is 7 years.

Here is a quick guideline to assist with your planning:

1. Preparation Phase – six to twelve months

During this stage, you want to hire a CFO with IPO experience. In fact, of the 37 companies that have filed public offerings in 2014, nearly 54% hired a CFO with experience bringing private companies public.

Your battle tested CFO will be instrumental in updating your financial reporting to conform to Sarbanes Oxley and crafting the financial section of your S-1, the formal document that is filed with the Securities Exchange Commission (SEC).

The selection of a lead underwriter and, if needed, accounting firm should be completed by this stage.

Written by Lili Balfour.  To read the full article, click here.  Premier Business Network™ provides Guaranteed Benefits for Small Businesses™. Feel free to join the  conversation about small business benefits at #pbnbenefits. For more small business tips or to become a member, visit our website at www.premierbusinessnetwork.com, and follow us everywhere @pbnbenefits.

Advertisements

About pbnbenefits

Premier Business Network™ offers Guaranteed Benefits for Small Businesses™. We provide guaranteed discounted services from nationally recognized suppliers to our exclusive membership base of small businesses and entrepreneurs. At Premier Business Network™, we firmly believe that small businesses and entrepreneurs are the cornerstone of today's economy. With that in mind, our benefits are tailored specifically to help our exclusive members succeed. Premier Business Network™ offers Guaranteed Benefits for Small Businesses™. Join our #smallbusiness #movement at http://bit.ly/fundpbn for #membership #benefits!
This entry was posted in Business Advice, Business Tips, Investors, IPO and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s