Global Bridge Management Sdn Bhd provides concierge services to guide small and medium enterprises through the process of going public. They assist companies with pre-listing assessments and diagnostics, fundraising of RM20 million, assigning a reporting accountant, and strategic advice. During the listing process, they help with audit/reporting, M&A opportunities, regulatory compliance, internal controls, capital markets transactions, management team development, and governance best practices. Their goal is to prepare companies for a successful initial public offering and life as a publicly traded entity.
When you list your company, you are allowing the shares of your company to be publicly traded. This means that these shares can either be bought or sold by any investors including existing shareholders. Just like in any marketplace, each of these shares will have a value or a reference price attached to it.. Hence, by listing your company, you will be able to know the market value of your company. This creation of a public market for your shares gives you an opportunity to unlock the value of your company and realise your investments.
Patricia Vacca is a senior financial executive with over 19 years of experience in financial analysis, strategic planning, and operational streamlining in manufacturing, wholesale, retail, risk management, and financial services. She has a proven track record of delivering strong financial performance through cost reductions, profit and productivity gains, and turnarounds. Her areas of expertise include financial compliance, budgeting, strategic planning, margin improvement, and systems implementation. She holds a Bachelors in Accounting and is an inactive CPA.
This document provides an asset management plan for Al Nefaie Investment Group over the next 3-5 years. It analyzes the current legacy products, which are underperforming benchmarks and clients, due to a lack of research-driven investment processes. The plan aims to first fix issues with current products before growing the business. It outlines a strategy to develop new funds and wealth management offerings, establish an in-house research team, and expand distribution channels. Key actions include rationalizing operations, improving investment performance, and launching innovative products to achieve the objective of becoming the leading wealth manager in Saudi Arabia.
The master plan outlines 6 stages for engaging a consultant to help transform a company: 1) Preliminary assessment of business model, profitability, marketing, finances, and operations. 2) Address funding issues by preparing proposals, projections, and assisting with applications. 3) Develop the organization with HR policies, controls, manuals, and ISO compliance. 4) Transformation and improvement of unspecified areas. 5) Financial reengineering. 6) Prepare for an initial public offering by setting up due diligence teams and appointing boards, trustees, and financial advisors.
This document provides information about Tachyon GL BAL Advisors LLP, an investment banking firm. It outlines the company's vision to be one of the best investment bankers globally based on quality input and services. The company aims to achieve 99% customer satisfaction. Tachyon has global locations and expertise in deal structuring, due diligence, and closing deals. It has a track record of successful fund raising and closing transactions across various sectors. The company focuses on strategic advisory, mergers and acquisitions, private equity, and debt syndication.
When you list your company, you are allowing the shares of your company to be publicly traded. This means that these shares can either be bought or sold by any investors including existing shareholders. Just like in any marketplace, each of these shares will have a value or a reference price attached to it.. Hence, by listing your company, you will be able to know the market value of your company. This creation of a public market for your shares gives you an opportunity to unlock the value of your company and realise your investments.
Patricia Vacca is a senior financial executive with over 19 years of experience in financial analysis, strategic planning, and operational streamlining in manufacturing, wholesale, retail, risk management, and financial services. She has a proven track record of delivering strong financial performance through cost reductions, profit and productivity gains, and turnarounds. Her areas of expertise include financial compliance, budgeting, strategic planning, margin improvement, and systems implementation. She holds a Bachelors in Accounting and is an inactive CPA.
This document provides an asset management plan for Al Nefaie Investment Group over the next 3-5 years. It analyzes the current legacy products, which are underperforming benchmarks and clients, due to a lack of research-driven investment processes. The plan aims to first fix issues with current products before growing the business. It outlines a strategy to develop new funds and wealth management offerings, establish an in-house research team, and expand distribution channels. Key actions include rationalizing operations, improving investment performance, and launching innovative products to achieve the objective of becoming the leading wealth manager in Saudi Arabia.
The master plan outlines 6 stages for engaging a consultant to help transform a company: 1) Preliminary assessment of business model, profitability, marketing, finances, and operations. 2) Address funding issues by preparing proposals, projections, and assisting with applications. 3) Develop the organization with HR policies, controls, manuals, and ISO compliance. 4) Transformation and improvement of unspecified areas. 5) Financial reengineering. 6) Prepare for an initial public offering by setting up due diligence teams and appointing boards, trustees, and financial advisors.
This document provides information about Tachyon GL BAL Advisors LLP, an investment banking firm. It outlines the company's vision to be one of the best investment bankers globally based on quality input and services. The company aims to achieve 99% customer satisfaction. Tachyon has global locations and expertise in deal structuring, due diligence, and closing deals. It has a track record of successful fund raising and closing transactions across various sectors. The company focuses on strategic advisory, mergers and acquisitions, private equity, and debt syndication.
This document contains the questions and responses from a student's terminal exam. It discusses personal equity financing options for a new business venture, including equity financing, debt financing, and risk factors to consider. It also includes the student's proposed business idea of a bioinformatics tech startup and factors a venture capitalist would consider when deciding on an investment.
The Key To Scaling Marketing Returns 30 X K. ChettayarKrishna Chettayar
High Performers outperform other marketers by focusing their resources differently. They spend more on acquiring new customers and measuring performance. They allocate more to developing strategies and tracking results. While all marketers cut budgets in 2009, High Performers' budgets remained flat as they focused on sales forecasts and flexibility. Low Performers focused on adjusting strategies and direct customer approaches.
This document provides guidance on hiring a financial team for a startup company. It recommends initially setting up books with a part-time controller or bookkeeper. As revenues start and additional funding is raised, the company should consider hiring a part-time CFO for strategic guidance. Once generating consistent revenues, hiring a full-time CFO to manage financial risks and controls is advised. The roles of controller, treasurer, and auditors are also outlined. Financial reporting should follow accounting standards and basic controls should be established to prevent fraud.
This document discusses MRK Asset Management's investment process and services. They combine fundamental and technical analysis with over 25 years of experience to strategically position portfolio assets for long-term growth. By monitoring market cycles and sector trends, they manage portfolios to take advantage of market fluctuations and seek superior returns. Their actions are rooted in understanding each client's goals and preserving assets by moving them to cash if needed to avoid downturns. Their mission is to build beneficial portfolios over time through optimal returns in a tax-efficient manner to serve their clients.
PE transaction and regulatory advisory services 2015Veronica McKee
SolomonEdwards provides solutions to help portfolio companies navigate being owned by a private equity firm. This includes helping management with reporting, regulatory compliance, and identifying opportunities to improve operations and profits. Their services span the entire investment lifecycle from pre-transaction due diligence through holding period support and exit preparation. They assist with tasks like financial reporting, budgeting, compliance readiness, and M&A integration. The goal is to help portfolio companies execute their strategy and create value to support the private equity firm's exit plans.
The Above the Standard Procurement Group provides consulting services to maximize profits and growth for their clients. Their global team of experts creates innovative strategies to strengthen performance, improve competitive advantage, increase profitability and revenues. They offer a wide range of consulting services including business and marketing plans, financial projections, strategic planning, compliance, and more to create custom plans for their clients.
SEG Transaction and Regulatory Advisory Services OverviewBrian Markley
SolomonEdwards provides solutions to help portfolio companies navigate private equity sponsorship over the full investment lifecycle, from pre-transaction due diligence through investment hold period and exit preparation. Their services help optimize reporting, achieve compliance readiness, manage integrations, and drive operational and profit improvements. This includes developing reporting packages, implementing business intelligence tools, analyzing key performance indicators, and improving budgets, forecasts, and business processes. SolomonEdwards also offers transaction and regulatory advisory services to support mergers, acquisitions, and regulatory filings.
White Horse Capital & Consultancy provides commercial and corporate development services to growth technology, media, and communications (TMT) companies throughout various stages of development. They have raised £45 million in debt and equity financing and supported over 25 TMT businesses with combined turnover of £350 million. Their services include investment brokerage, corporate development, commercial development, and operating early stage businesses through their incubator program. They tailor their capital investment and consulting services to meet the needs of startups, early stage, development, turnaround, expansion, and exit stages of company development.
The document provides advice for businesses on ensuring survival during difficult economic times. It recommends reviewing costs, productivity, cash flow, debtors, stock, and marketing expenditures. It also suggests improving systems to reduce wastage and theft. The document stresses the importance of monitoring sales, costs, profits, and financial ratios. It emphasizes maintaining good relationships with customers, suppliers, banks, and obtaining professional advice.
Paulina Mitova has over 15 years of experience in financial analysis, strategic planning, forecasting, and reporting. She currently works as an Assistant Vice President of Financial Controller at Credit Suisse, where she leads budgeting, forecasting, and financial reporting processes for a $300M portfolio. Previously, she held financial analyst roles at CBS Corporation and was an income auditor at Hyatt Hotels Corporation. She has expertise in Excel, business intelligence tools, and statistical software. Mitova holds an MA in Economics from The City College of New York and a BA in Finance from the University of Portsmouth.
This document compares development services businesses with product businesses. Development services businesses, like software outsourcing consultancies, scale directly with the number of employees and have limited revenue potential. In contrast, product businesses use risk capital to develop products that can be sold to multiple customers, providing leverage and potential for exponential growth. Building an outsourcing business focuses on finding immediate revenue and staying profitable, while building a product business requires perseverance, planning, and financing to develop a minimum viable product and validate the business model before seeking investment from sources like accelerators, angels, or venture capitalists.
The Above the Standard Financial Services Group provides top-tier financial guidance and strategies to strengthen clients' performance globally. Their team of experts creates customized financial plans and innovative tactics to increase profits, market share, and revenues for client organizations worldwide. They offer a wide range of financial services including capital budgeting, risk management, and strategic planning to help clients maximize profits and grow their businesses.
This document provides tips for making effective presentations to investors, including preparing content, delivering the presentation, and structuring the presentation. It recommends addressing your industry status, value proposition, business model, validation of ideas, management credibility, and financial needs. Key details to memorize include cash flow needs, portfolio companies, investment criteria, and reasons the business exists. The presentation should highlight the company's uniqueness, business model, management team, and competitive advantages within the industry landscape.
Barbados Agritourism Policy Setting Workshop 2019
Policy setting for improved linkages between agriculture, trade and tourism: Strengthening the local agrifood sector and promoting healthy food in agritourism.
Workshop organised by the Government of Barbados
In collaboration with CABA, CTA, IICA, CTO, CHTA, CDB
Courtyard by Marriott Hotel, Barbados, 27 & 28 March 2019
Topic 6 Starting A New Entrepreneurial Ventureguest81462b
This document discusses different types of business ventures an entrepreneur can start, including start-ups, buying an existing business, and franchising. It also covers the legal structures for new businesses such as sole proprietorships, partnerships, and corporations. Finally, it lists some common sources of capital for entrepreneurs like personal funds, loans, and investments.
The document discusses acquiring an established business venture through purchasing an existing business. It notes that buying an existing business can represent less risk than starting a new business from scratch. However, one must perform due diligence to understand the terms of the purchase. The document provides advice on evaluating business opportunities and established ventures through examining financial records, operations, competition, and viability factors. It also discusses different business valuation methods like asset-based, earnings-based, and market-based approaches.
The document discusses PricewaterhouseCoopers' (PwC) IPO readiness assessment services. It notes that completing an assessment early allows management to understand requirements, timelines, and resource needs before beginning IPO planning. PwC's assessment covers areas like accounting policies, disclosures, corporate governance, and systems to identify gaps between current capabilities and public company demands. The assessment helps maximize IPO value by informing management's understanding and strategic planning.
The document provides information on listing a company on the Seychelles stock exchange. It discusses the regulatory framework, role of a sponsor advisor, advantages and disadvantages of listing, methods of obtaining a listing, listing boards, fees, work papers required, and preparations needed for an IPO. The sponsor advisor assists the company throughout the listing process and is responsible for ensuring compliance. Listing provides benefits like greater access to capital but also requires more transparency and loss of some control. Companies must prepare financially and from a governance perspective to operate as a public company.
This document contains the questions and responses from a student's terminal exam. It discusses personal equity financing options for a new business venture, including equity financing, debt financing, and risk factors to consider. It also includes the student's proposed business idea of a bioinformatics tech startup and factors a venture capitalist would consider when deciding on an investment.
The Key To Scaling Marketing Returns 30 X K. ChettayarKrishna Chettayar
High Performers outperform other marketers by focusing their resources differently. They spend more on acquiring new customers and measuring performance. They allocate more to developing strategies and tracking results. While all marketers cut budgets in 2009, High Performers' budgets remained flat as they focused on sales forecasts and flexibility. Low Performers focused on adjusting strategies and direct customer approaches.
This document provides guidance on hiring a financial team for a startup company. It recommends initially setting up books with a part-time controller or bookkeeper. As revenues start and additional funding is raised, the company should consider hiring a part-time CFO for strategic guidance. Once generating consistent revenues, hiring a full-time CFO to manage financial risks and controls is advised. The roles of controller, treasurer, and auditors are also outlined. Financial reporting should follow accounting standards and basic controls should be established to prevent fraud.
This document discusses MRK Asset Management's investment process and services. They combine fundamental and technical analysis with over 25 years of experience to strategically position portfolio assets for long-term growth. By monitoring market cycles and sector trends, they manage portfolios to take advantage of market fluctuations and seek superior returns. Their actions are rooted in understanding each client's goals and preserving assets by moving them to cash if needed to avoid downturns. Their mission is to build beneficial portfolios over time through optimal returns in a tax-efficient manner to serve their clients.
PE transaction and regulatory advisory services 2015Veronica McKee
SolomonEdwards provides solutions to help portfolio companies navigate being owned by a private equity firm. This includes helping management with reporting, regulatory compliance, and identifying opportunities to improve operations and profits. Their services span the entire investment lifecycle from pre-transaction due diligence through holding period support and exit preparation. They assist with tasks like financial reporting, budgeting, compliance readiness, and M&A integration. The goal is to help portfolio companies execute their strategy and create value to support the private equity firm's exit plans.
The Above the Standard Procurement Group provides consulting services to maximize profits and growth for their clients. Their global team of experts creates innovative strategies to strengthen performance, improve competitive advantage, increase profitability and revenues. They offer a wide range of consulting services including business and marketing plans, financial projections, strategic planning, compliance, and more to create custom plans for their clients.
SEG Transaction and Regulatory Advisory Services OverviewBrian Markley
SolomonEdwards provides solutions to help portfolio companies navigate private equity sponsorship over the full investment lifecycle, from pre-transaction due diligence through investment hold period and exit preparation. Their services help optimize reporting, achieve compliance readiness, manage integrations, and drive operational and profit improvements. This includes developing reporting packages, implementing business intelligence tools, analyzing key performance indicators, and improving budgets, forecasts, and business processes. SolomonEdwards also offers transaction and regulatory advisory services to support mergers, acquisitions, and regulatory filings.
White Horse Capital & Consultancy provides commercial and corporate development services to growth technology, media, and communications (TMT) companies throughout various stages of development. They have raised £45 million in debt and equity financing and supported over 25 TMT businesses with combined turnover of £350 million. Their services include investment brokerage, corporate development, commercial development, and operating early stage businesses through their incubator program. They tailor their capital investment and consulting services to meet the needs of startups, early stage, development, turnaround, expansion, and exit stages of company development.
The document provides advice for businesses on ensuring survival during difficult economic times. It recommends reviewing costs, productivity, cash flow, debtors, stock, and marketing expenditures. It also suggests improving systems to reduce wastage and theft. The document stresses the importance of monitoring sales, costs, profits, and financial ratios. It emphasizes maintaining good relationships with customers, suppliers, banks, and obtaining professional advice.
Paulina Mitova has over 15 years of experience in financial analysis, strategic planning, forecasting, and reporting. She currently works as an Assistant Vice President of Financial Controller at Credit Suisse, where she leads budgeting, forecasting, and financial reporting processes for a $300M portfolio. Previously, she held financial analyst roles at CBS Corporation and was an income auditor at Hyatt Hotels Corporation. She has expertise in Excel, business intelligence tools, and statistical software. Mitova holds an MA in Economics from The City College of New York and a BA in Finance from the University of Portsmouth.
This document compares development services businesses with product businesses. Development services businesses, like software outsourcing consultancies, scale directly with the number of employees and have limited revenue potential. In contrast, product businesses use risk capital to develop products that can be sold to multiple customers, providing leverage and potential for exponential growth. Building an outsourcing business focuses on finding immediate revenue and staying profitable, while building a product business requires perseverance, planning, and financing to develop a minimum viable product and validate the business model before seeking investment from sources like accelerators, angels, or venture capitalists.
The Above the Standard Financial Services Group provides top-tier financial guidance and strategies to strengthen clients' performance globally. Their team of experts creates customized financial plans and innovative tactics to increase profits, market share, and revenues for client organizations worldwide. They offer a wide range of financial services including capital budgeting, risk management, and strategic planning to help clients maximize profits and grow their businesses.
This document provides tips for making effective presentations to investors, including preparing content, delivering the presentation, and structuring the presentation. It recommends addressing your industry status, value proposition, business model, validation of ideas, management credibility, and financial needs. Key details to memorize include cash flow needs, portfolio companies, investment criteria, and reasons the business exists. The presentation should highlight the company's uniqueness, business model, management team, and competitive advantages within the industry landscape.
Barbados Agritourism Policy Setting Workshop 2019
Policy setting for improved linkages between agriculture, trade and tourism: Strengthening the local agrifood sector and promoting healthy food in agritourism.
Workshop organised by the Government of Barbados
In collaboration with CABA, CTA, IICA, CTO, CHTA, CDB
Courtyard by Marriott Hotel, Barbados, 27 & 28 March 2019
Topic 6 Starting A New Entrepreneurial Ventureguest81462b
This document discusses different types of business ventures an entrepreneur can start, including start-ups, buying an existing business, and franchising. It also covers the legal structures for new businesses such as sole proprietorships, partnerships, and corporations. Finally, it lists some common sources of capital for entrepreneurs like personal funds, loans, and investments.
The document discusses acquiring an established business venture through purchasing an existing business. It notes that buying an existing business can represent less risk than starting a new business from scratch. However, one must perform due diligence to understand the terms of the purchase. The document provides advice on evaluating business opportunities and established ventures through examining financial records, operations, competition, and viability factors. It also discusses different business valuation methods like asset-based, earnings-based, and market-based approaches.
The document discusses PricewaterhouseCoopers' (PwC) IPO readiness assessment services. It notes that completing an assessment early allows management to understand requirements, timelines, and resource needs before beginning IPO planning. PwC's assessment covers areas like accounting policies, disclosures, corporate governance, and systems to identify gaps between current capabilities and public company demands. The assessment helps maximize IPO value by informing management's understanding and strategic planning.
The document provides information on listing a company on the Seychelles stock exchange. It discusses the regulatory framework, role of a sponsor advisor, advantages and disadvantages of listing, methods of obtaining a listing, listing boards, fees, work papers required, and preparations needed for an IPO. The sponsor advisor assists the company throughout the listing process and is responsible for ensuring compliance. Listing provides benefits like greater access to capital but also requires more transparency and loss of some control. Companies must prepare financially and from a governance perspective to operate as a public company.
Eversheds Sutherland - Navigating the LSE AIM IPO process - Irokotv 2019Jason Njoku
Based on our direct conversations with stockbrokers, NOMADs, auditors and lawyers, an LSE AIM listed company valued at $100m would need to have (ultra conservatively) $8–10m in revenue and $0–1m in EBITDA.
https://jason.com.ng/a-120-150m-ipo-for-iroko-in-2021/
An initial public offering (IPO) involves a privately held company issuing stock to the public for the first time, transforming it from privately to publicly owned. While an IPO provides access to public capital markets, it involves significant costs, time commitments, and loss of management flexibility and control. The decision to go public requires careful consideration of alternatives and the company's readiness in terms of revenues, growth, management strength, and capitalization.
The Marketing Plan, The Organizational Plan & The Financial Plan from Entrepr...Muhammad Putra
The document discusses key aspects of developing a marketing plan for a new venture. It begins by differentiating between a business plan and a marketing plan, noting that a marketing plan focuses specifically on marketing activities over one year while a business plan covers broader organizational decisions. It then covers conducting an industry and competitor analysis to inform marketing strategy. The outline provided includes sections on situation analysis, marketing objectives and goals, marketing strategy and action programs, budgets, and controls. The document emphasizes that the marketing plan should provide a strategy for accomplishing the company's mission and goals.
The Diamond Datascram Diaries: Diamond Datascram DominancePolsinelli PC
Diamond Datascram Inc. is well-funded by private equity and considering going public and global. The company has caught on like fire and competition for top talent is becoming fierce! Polsinelli’s Labor and Employment attorneys will be joined by colleagues in the Securities & Corporate Finance and Employee Benefits & Executive Compensation practices to address issues common to companies in a strategic growth stage.
Orientation Final of Bihar start-up inidatakappvmate
This document provides an overview of starting a new business in Bihar, India. It discusses basics like problem identification, market analysis, ideation, prototyping, feedback loops, minimum viable products, and business plans. It also covers customer acquisition, digital marketing, funding stages, pitch decks, intellectual property, valuation, and unicorns. Additionally, it outlines the differences between traditional businesses and startups. The document reviews business entity types, bank accounts, founder agreements, business insurance, mergers and acquisitions, accounting, auditing, taxation, and important legal requirements. Finally, it lists key financial ratios for businesses to track performance.
Contractual risks in pe invsts dr[1]. kishore - prmiaPaul Keisch
This document discusses contractual risks in private equity investments, specifically liquidity preference rights. Liquidity preference rights entitle PE investors to receive their investment amount back in one or more multiples in the event of liquidation of the company. The document provides examples showing how the liquidity preference amount is distributed to PE investors first before the remaining amount is distributed proportionately based on shareholding percentages. There are risks if the liquidation amount is lower than the liquidity preference amount as PE investors may not receive their full preferred return.
This document provides guidance on preparing a company for an initial public offering (IPO). It discusses important considerations like current market conditions, the company's performance and financial needs. Companies can list on Malaysia's Main Market or Alternative Market (ACE Market). The Main Market requires a longer profit history while the ACE Market is for high-growth companies. Proper preparation includes setting the right team, governance, infrastructure and investor relations. Valuing the company accurately is also key to a successful IPO.
What are the main advantages and disadvantages of going publicS.pdfanaxeetech
What are the main advantages and disadvantages of going public?
Solution
There are many advantages for a company going public. The financial benefit in the form of
raising capital is the most distinct advantage. Capital can be used to fund research and
development, fund capital expenditure or even used to pay off existing debt. Another advantage
is an increased public awareness of the company because IPOs often generate publicity by
making their products known to a new group of potential customers.
Subsequently this may lead to an increase in market share for the company. An IPO also may be
used by founding individuals as an exit strategy. Many venture capitalists have used IPOs to cash
in on successful companies that they helped start-up.
One of the most important changes is the need for added disclosure for investors. Public
companies are regulated by the Securities Exchange Act of 1934 in regard to periodic financial
reporting, which may be difficult for newer public companies. They must also meet other rules
and regulations that are monitored by the Securities and Exchange Commission (SEC). More
importantly, especially for smaller companies, is the cost of complying with regulatory
requirements can be very high. These costs have only increased with the advent of the Sarbanes-
Oxley Act. Some of the additional costs include the generation of financial reporting documents,
audit fees, investor relation departments and accounting oversight committees.
Public companies also are faced with the added pressure of the market which may cause them to
focus more on short-term results rather than long-term growth. The actions of the company\'s
management also become increasingly scrutinized as investors constantly look for rising profits.
This may lead management to perform somewhat questionable practices in order to boost
earnings.
Before deciding whether or not to go public, companies must evaluate all of the potential
advantages and disadvantages that will arise. This usually will happen during the underwriting
process as the company works with an investment bank to weigh the pros and cons of a public
offering and determine if it is in the best interest of the company..
Based on our direct conversations with stockbrokers, NOMADs, auditors and lawyers, an LSE AIM listed company valued at $100m would need to have (ultra conservatively) $8–10m in revenue and $0–1m in EBITDA.
https://jason.com.ng/a-120-150m-ipo-for-iroko-in-2021/
The UP-C structure provides private equity firms and portfolio companies potential tax benefits when exiting investments. Over the past decade, 55 companies have gone public using a UP-C or similar structure, raising $30 billion. A key benefit is that historic owners receive value from tax savings shared with the public entity. Private equity firms may consider a UP-C for transactions, succession planning, and as an alternative to an IPO when exiting investments. Increased M&A activity may create more opportunities for private equity firms to utilize the UP-C structure.
FINC 340 InvestmentsHow to Create an Investment StrategyThe .docxvoversbyobersby
The document discusses logistics issues facing Kantara Fashion Line and proposes solutions. It notes that Kantara's current ordering system is inefficient, wasting $156,000 per year. It recommends implementing an online ordering system to streamline the process. The document also states that Kantara needs to better meet customer needs as a global company by adjusting supplies based on weather in different markets. It proposes creating a website and database to improve communication and order fulfillment. Implementing these technological solutions would increase efficiency, reduce costs and boost revenue through improved customer satisfaction.
Technology Initial Public Offerings - Legal and Practical Considerations for ...Now Dentons
Technology IPOs on the TSX
We've translated our IPO guide into Slideshare, to make it easier to review the slides and incorporate them into your own decks. This deck covers:
- advantages and disadvantages of going public
- IPO readiness - step to prepare in the 12 months before an IPO
- which market: TSX or NASDAQ?
- IPO process
- special issues for U.S. companies going public on the TSX
Outsourcing GIA Accounting whitepaper 2016Rich Lawrence
This document discusses the considerations for insurance companies in outsourcing their general investment account (GIA) accounting functions. It explores the unique requirements of GIA accounting, including complex assets, multi-basis accounting, statutory reporting, and SOX compliance. When making the outsourcing decision, all current processes must be well-documented and understood. The potential benefits of outsourcing include cost savings and efficiency gains, but it also brings new risks that require oversight. The document analyzes the pros and cons of outsourcing GIA accounting functions.
TRU Snacks Webinar Series - Determining the Right Path Forward When Restructu...Citrin Cooperman
The COVID-19 pandemic pushed many business owners into crisis management mode to identify the best way to pivot and ensure sustainability. During this TRU Snacks session, we will provide insight on how to determine the right path forward when restructuring a financially distressed company.
https://www.citrincooperman.com/infocus/tru-snacks-webinar-series
Venture capital funds provide financing to new companies that are too risky for traditional lenders. They make investments through limited partnerships with investors and actively monitor their portfolio companies. Successful venture capital investments can provide high returns, though there is also risk of failure. Venture capital plays an important role in financing innovation and new business formation.
Corporate Reporting How Your Business Will Be Affected By Impending Regulat...LDorian
This document discusses upcoming changes to Canadian accounting standards and regulatory compliance requirements that will affect businesses. As of January 1, 2011, Canadian GAAP will no longer exist and all companies will need to adopt either IFRS or Accounting Standards for Private Enterprises. It outlines considerations for determining which standard is best for private companies. It also discusses key areas companies need to address when transitioning to a new standard, such as project planning, revising accounting policies, and financial statement preparation. Additionally, it describes how an organization called PowellDorian can provide services to help companies manage roles like corporate secretary, chief financial officer, and IFRS project management during the transition period.
Why is the process of financial reporting important.pdfRathnakarReddy17
Financial reporting gives information and openness about the operations and financial health of an organisation. It is meant to provide our stakeholders with the right information in the right quantity to make better informed decisions. This applies to external investors, tax authorities or internal controls. Good Financial Reporting & Compliance in Delaware puts various parties on the same page with a single version of the truth and gives credibility to the company and management. On the other hand, fraudulent or inaccurate financial statements can damage a company's reputation and values.
2. Agenda
• Definition of IPO
• What & Why IPO
• Pro & Con of IPO
• Why Global Bridge Management Sdn Bhd is your
preferred active partner in IPO game?
3. Definition of IPO
What does “going public” or IPO (“Initial
Public Offering”) mean?
• It is the process of offering securities —
generally common stock — of a
privately owned company for sale to the
general public. The first time these
securities are offered is referred to as an
initial public offering, or IPO.
Source: PWC
4. The Pro of IPO
• Increased cash and long-term capital—Funds are
obtained to support growth, increase working capital,
invest in plant and equipment, expand research and
development, and retire debt, among other goals.
• Increased market value—The value of public companies
tends to be higher than that of comparable private
companies due in part to increased liquidity, available
information, and a readily ascertainable value.
• Mergers/Acquisitions—These activities may be achieved
with stock consideration and thus conserve cash.
• Growth strategies—Shareholders may achieve improved
liquidity and greater shareholder value. Subject to certain
restrictions and practical market limitations, shareholders
may, over time, sell their stock in the public market.
Alternatively, existing stock may be used as collateral to
secure personal loans.
5. The Pro of IPO
• Ability to attract and keep key personnel—If a
company is publicly owned, employee incentive
and benefit plans are usually established in the
form of stock ownership arrangements to
attract and keep key personnel. Stock option
plans, for example, may be more attractive to
officers and other key personnel than generous
salary arrangements due to the significant
upside potential.
• Increased prestige/reputation—The visibility
for shareholders and their company is usually
enhanced. For example, a regional company
may more easily expand nationally following a
stock offering due to the increased visibility.
6. The Opposed of IPO
• Increased expenses—Many factors play a role in determining the cost of an IPO,
but in all cases the costs of going public are significant. These costs will generally
include underwriting fees (generally 5-7 percent of the gross proceeds), fees
related to legal and accounting advisors, and printing costs. In addition, there
are other fees such as the SEC/SC filing fee, the exchange listing fee (NASDAQ or
NYSE or Bursa Malaysia), and any Blue Sky filing fees. Most expenses directly
related to the offering in a complete IPO are reflected as an offset to the
proceeds received and a reduction of additional paid-in-capital. IPO start-up
costs are therefore not expensed in the statement of operations. However, if the
IPO is not completed, such costs are generally expensed.
• Ongoing expenses—Public companies are required to report and certify
financial information on a quarterly and annual basis. There will be ongoing
expenses related to these changes such as the expense of independent auditors.
Administrative and investor relations costs include those related to quarterly
reports, proxy materials, annual reports, transfer agents, and public relations. A
public company will now be paying premiums for directors’ and officers’ liability
insurance as well. Furthermore, compliance-related costs could also increase
primarily in relation to the GST certification requirements.
• Loss of control—If more than 50 percent of a company’s shares are sold to just a
few outside individuals, the original owners could lose control of the company.
If, however, the shares held by the public are widely distributed, management
and the board of directors may maintain effective control, even though they
own less than 50 percent of the shares. Many companies structure their
offerings so that after an initial offering, the founder(s) still has control, and
after subsequent offerings the entire management team maintains control.
7. The Opposed of IPO
• Loss of privacy—The registration statement and subsequent reporting require
disclosure of many facets of a company’s business, operations, and finances that may
never before have been known outside the company. Some sensitive areas of
disclosure that will be available to competitors, customers, and employees include:
1) extensive financial information (e.g., financial position, sales, cost of sales, gross
profit, net income, business segment data, related-party transactions, borrowings,
cash flows, major customers, and assessment of internal controls); 2) the
compensation of officers and directors, including cash compensation, stock option
plans, and deferred compensation plans; and 3) the security holdings of officers,
directors, and major shareholders (insiders).
• Pressure for performance—In a private company, the business owner/ manager is
free to operate independently. However, once the company becomes publicly
owned, the owner acquires as many partners as the company has shareholders and
is accountable to all of them. Shareholders expect steady growth in areas such as
sales, profits, market share, and product innovation. Thus, in a publicly held
company, management is under constant pressure to balance short-term demands
for growth with strategies that achieve long-term goals. The inability to meet
analysts’ expectations of short-term earnings can dramatically hurt the marketplace’s
long-term valuation of a company.
• Restrictions on insider sales—Stock sales by insiders are usually limited. Most
underwriters require that a company’s existing shareholders enter into contractual
agreements to refrain from selling their stock during a specified time following the
IPO, typically 180 days. This is called the “lock-up” or moratorium period.
8. How can Global Bridge Management Sdn
Bhd assist the potential SME and SMI to
en route to corporate IPO via special
formulated catalyst solution?
- Pre Listing Process
- During Listing Process
- Post Listing Process
9. Beginning early to position your company to go public will save
fee and, most importantly, time. The sooner you are ready to
enter the market, the more flexibility you will have to be
prepared to move on an opportune market and the greater
proceeds and market valuation that favorable market condition
provide. By engaging external advisors earlier in the IPO process,
companies get an objective and professional mechanism for
assessing the state of readiness for life as a public company.
12. Preliminary Assessment – 2
Pre-Listing Process
1. Identify 20 potential well-established SMI & SME companies
to join the “Catalyst Entrepreneur Pathway to Listing”
programme; (“CEPAT”) ANNUALLY;
2. Every identified SMI & SME shall be given first priority to
apply for minimum funding of RM20 million from various
financial institution under various scheme over the period;
3. Every identified SMI & SME shall be assigned one Reporting
Accountant for the minimum duration when the programme
commence and until listing;
4. Assist readiness for a public listing, identify potential listing
concerns, review accounting implication on group
restructuring and suggest necessary actions;
5. Provide strategic advice on capital market alternatives and
fund raising possibilities and introduce strategic investors like
private equities and venture capital;
13. Preliminary Assessment – 3
Pre-Listing Process
6. Provide a wide range of tax services to achieve greater tax
efficiency for the business under the proposed listing and
operation structure, and for the owners;
7. To advice on the regulatory requirements and process for an
IPO and develop together with you a viable strategy to
handle the listing process;
8. Review key internal control procedures in relation to financial
reporting process and provide recommendations to enhance
the relevant processes.
9. A readiness evaluation can address deal-structuring,
including tax planning, and assess:
Corporate structure, Board structure and board subcommittees,
Board and senior management capabilities; Corporate
governance arrangements and Stock exchange listing eligibility
issues.
15. Preparation is the secret to success
While the planning process for an IPO can start the day a
company is incorporated or as late as three months
before a public offering, we recommend that an orderly
plan can be executed over a one to two year period. This
window gives a private company time to think, act, and
perform as a public company.
17. Kick Start of IPO Strategy – 2
Listing Process
1. To act as your auditors and carry out periodic audit/review
and report to shareholders, director and audit committee;
2. To assist your company in identifying and executing merger
and acquisition opportunities;
3. To provide updates on the latest developments and changes
on accounting standards, financial reporting, corporate
governance, listing rules and other applicable regulatory
matters;
4. To act as internal control and corporate governance
consultant and carry out review to provide enhancement
comments;
5. To act as reporting accountant for on-going capital market
transactions, such as issues, major acquisitions and other
transaction.
18. Kick Start of IPO Strategy – 2
Listing Process
6. To assist your company to build an effective and caliber
management team;
7. To assist to formulate the budgetary control system and
performance measurement such as projection, forecast,
investment framework and articulate the variances and
remedy for improvement;
8. To advice on the appointment of independent member to
your board of directors;
9. To provide advice how to create and set up an audit
committee;
10. To assist to evaluate corporate governance principles and
practices;
19. Kick Start of IPO Strategy – 3
Listing Process
11. To assist in building up relationship with an investment
banking firm, law firm, accounting advisors, and independent
auditor;
12. To assist to establish incentive compensation plans;
13. To assist to up to date the audited accounts and resolve
potential disclosure and accounting issues;
14. To assist to draft the “Management Discussion and Analysis”
15. To assist to set up the IPO team called Due Diligence Working
Group “DDWG”
22. Post IPO Strategy – 2
Post-Listing Process
1. To act as your consultants on ongoing compliance such as
Listing Requirement, quarterly announcement and Annual
Report presentation;
2. Maintain and create for better investor relationship;
3. Continuous enhancement of corporate governance;
4. Financial and regulatory reporting.
23. Introduction to Global Bridge Management Sdn Bhd
Why should you appoint us as your IPO consultant
24. About Global Bridge Management
1. Like any other major strategic undertaking, taking a company
public requires careful planning to ensure success. The
process requires thought around two main facets of
operating as a public company. First, the company must
prepare its management team and business units to begin
acting and functioning as a public company, both internally
and externally, in advance of entering the capital markets.
Second, it must identify qualified advisors and key managers
to form the going-public team.
2. Accountants play a vital role in advising a company as it
navigates the complex lifecycle of a capital market
transaction, from the identification of an entry strategy to the
public registration and offering processes and subsequent
management of ongoing public company financial reporting
obligations. In addition, the post-Sarbanes-Oxley (if overseas
listing) and disclosure-based like Malaysia regulatory
environment has raised the bar on the amount of advance
preparation and careful planning necessary to complete a
successful IPO in the US or Malaysia capital markets.
25. About Global Bridge Management
3. The risks and consequences of encountering material
weaknesses or a breakdown of internal controls are significant.
For these reasons, companies often seek advice and assistance
from accountants who specialize in such transactions.
4. Global’s IPO Team Services provide experienced advice to a
company as it moves through the life cycle of the IPO process
and the post-IPO financial reporting obligations. The firm’s
IPO advisors work closely with the company’s management
as they go through the all-consuming process that is the IPO.
5. Management can leverage Global’s extensive experience in
capital-raising activities combined with its deep technical
accounting knowledge and focus on bigger picture issues and
the deal. Your Global engagement team will be chosen
specifically to meet your unique needs and will be supported
by resources that bring the technical, industry, private and
public company, and IPO transaction expertise required to
keep you ahead of the curve and prepared for potential
issues you could face as a publicly held entity.