So many companies dream of going public to raise huge capital, in line with an exit strategy, to make equity acquisitions and for many other reasons. While your intentions may be pure and with real motivation, you enter the shark-infested waters of boilers, dishonest lawyers and junior consultants who have made a career out of taking well-meaning executives like you for a roller coaster ride. 24 months while they take every penny you have while your business shrivels as a victim of the road.
Fair and honest consultants in the "public offers" & # 39; the industry are as rare as the white Elephant Elephant. This industry exists in a cloaca surrounded by rose gardens; by far, it seems incredible and a picture of a dream country, but get up and shut up and the mud and smell are enough to make you run and hide. So, what are you looking for in a consultant? The best consulting companies are the "specialty shops". with minimal overhead costs that keep a low profile and consist of 3 or 4 partners. consultants.
These companies usually have the habit of working with large groups of consultants, but for one reason or another decided to leave and go out alone. What is good is that these small groups usually have huge contacts and deal with all of their public offer internally. Offering a complete, in-house, turnkey solution offers a significant advantage because of the accountability and opportunity to create a relationship with the people who are fulfilling your dream of a public offering.
These & # 39; shop & # 39; Consultants typically stay on board as growth consultants throughout the life of the company in return for modest fees and an equity position prior to the IPO or prior to the IPO. ; OTCBB. Big companies will twist your feet in the back and charge you while taking huge amounts of stock in your business, which will take away any added value when you have to offer more shares to the public to raise money. .
Small businesses will also work individually with you to show you how to use your stock to grow through acquisitions and other nifty ways to use the stock to grow. Look for the consulting firm in store and keep the lawyer for one-off audits. Hold your money. Why pay exorbitant fees to lawyers while you can pay 60% less with a small consulting firm that will add all the bells and whistles for free and will actually trade your shares, usually in half the time?