How to Prepare for Going Public

A successful IPO takes careful planning and lots of advance work. EY's Bill Demers on readying your company for prime time

Bill Demers is a partner and the Canadian IPO leader at Ernst & Young LLP.  He explains what you need to do to get your company ready for prime time.

Bill Demers

1. CLEAN OUT YOUR CLOSETS

The first thing we do when a company is thinking of an initial public offering (IPO) is to decide if it’s the right strategy. We assess the fundamentals of the business: the size of the market and the growth potential, and also the company’s financial track record and its management team. By going public, you’re taking a company that was once private and pulling the tent off. So if you’re deficient in any way, it’s an issue.

2. START TIMING THE MARKET...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
http://www.profitguide.com/manage-grow/strategy-operations/how-to-prepare-for-going-public-87356