Assisting the planning of business development policies, objectives, and establishment of medium to long-term goals for various multi-national companies. Establishment of joint ventures, distribution channels and sub licensing agreements, identifying possible M&A opportunities, analysis of new market development and business opportunities. Financial feasibility studies and development of proposals.
Going public refers to a private company's initial public offering (IPO), thus becoming a publicly traded and owned entity. Businesses usually go public to raise capital in hopes of expanding; venture capitalists may use IPOs as an exit strategy - that is, a way of getting out of their investment in a company.
The IPO process begins with contacting Taipan and making certain decisions, such as the number and price of the shares that will be issued. Going public does have positive and negative effects, which companies must consider. Here are a few of them:
Advantages - Strengthens capital base, makes acquisitions easier, diversifies ownership, and increases prestige.
Disadvantages - Puts pressure on short-term growth, increases costs, imposes more restrictions on management and on trading, forces disclosure to the public, and makes former business owners lose control of decision making.
For some entrepreneurs, taking a company public is the ultimate dream and mark of success (usually because there is a large payout). Here are some characteristics that may qualify a company for an IPO:
High growth prospects
Innovative product or service
Competitive in industry
Able to meet financial audit requirements