Taking your business public can transform your company, offering many benefits to help it grow. In Georgia, businesses have unique opportunities and considerations when going public. Here are some reasons why you might want to consider going public.
Raising capital
Going public lets you raise capital by selling shares. This money can help you:
- Grow: Invest in new projects, open more locations or increase production.
- Pay off debts: Improve your financial situation.
- Fund research and development: Innovate new products or services.
Raising significant capital can lead to substantial growth and development.
More people know about your company
Being a public company can raise more awareness about your company. This can:
- Get new customers: New customers lead to more sales.
- Make your brand stronger: Stand out more in the market.
Increased public awareness leads to stronger brand awareness.
Liquidity for shareholders
An Initial Public Offering (IPO) gives shareholders a chance to sell their shares, including:
- Founders and early investors: They can sell shares and make money.
- Employees with stock options: They can turn options into cash.
This can help get and keep good workers.
Better access to capital markets
Public companies can raise money more efficiently, which can:
- Make future fundraising easier: Sell more shares or bonds quickly.
- Get big investors: Attract large investors who like public companies.
Access to capital markets facilitates easier funding for future projects.
Why you need legal help
Going public has many benefits, but it is also tricky and has many rules. In Georgia, it is tough to do this without help. Getting help from lawyers ensures you follow all laws and avoid significant mistakes and hefty fines.
A good lawyer can help you:
- Meet all SEC and state rules.
- Handle all the papers for an IPO.
- Inform you of the best ways to go public.
Working with a lawyer helps you confidently go public and focus on growing your business.
