The president of a manufacturing company is considering taking the company public. As CFO, you have been asked to outline the action steps needed to go public and a timeline to implement a public offering.© BrainMass Inc. brainmass.com March 4, 2021, 10:46 pm ad1c9bdddf
In the question given you have been asked to outline the action steps needed to go public and a timeline to implement public offering. First let me start by saying that the decision to go public by any private company is a very big and important one. It is one that takes a lot of work and effort and a number of stakeholders are required to be a part of it - to include members of the company's board of management and other employees from within the firm; and from outside the firm, there are the lawyers, underwriters, auditors, ...
This solution first provides you with information as to what an initial public offering is and/or what it entails; reasons why companies may decide to go public; and the advantages and disadvantages of going public. In addition, this answer explains the factors that a company must consider before it decides to go public and a timeline with the steps to follow whenever that company finally decides to go. This solution is 2,225 words.