Going Public: The Process for Small and Mid-size Companies to Go Public

It's the dream of every person who starts a business to some day see it trading in one of the stock exchanges even after they are no longer associated with the company. The first step (#1) is simple since most small company are already incorporated and have a board of directors, so we will start with #2.

Step. #2. Engage a consultant but not before doing a background check. This is a must because the consultant who is supposed to be working for you may be the very person to destroy your dream.

Simply type the consultants name in Google and if nothing comes up, try the brokerage firm they were last associated with, to find out if they have been disciplined, or convicted of some crime by the Securities and Exchange Commission or some other regulatory body.

Many individuals when barred from participating in any securities transaction or from acting as consultants still do so in a stealth manner. Hoping that you will be impressed with their sales pitch and not bother looking into their background.

The reason most consultants do not have websites is because they do not want the regulators to find out that they are involved in stock market related activities.

Step. #3. If you are not using a securities attorney, ask the consultant to recommend a good one, he will probably know several. A good attorney is critical since you want him to know the process and has done this many times before.

Step. # 4. Have an audit done, this a requirement and must be done prior to any filing with the Securities and Exchange Commission. The CEO needs to take an active part in the auditing process since under the new corporate governance laws the he must affirmed the final audited financials as being accurate.

Step. #5. The officers and directors of the company must decide what method they are going to use to achieve their goal of becoming a public company. This can be accomplish through a reverse merger and by doing a Regulation D (504) offering.

A reverse merger is accomplished by the purchase of, and reverse merger into an existing public shell company. This is inexpensive compared with the conventional initial public offering (IPO), this is also a simplified fast track method by which a private company can become a public company.

For more information on reverse mergers visit:

www.genesiscorporateadvisors.com or read my article on www.ezine@articles.com under small business.

Regulation D (504) offering: Under the Securities Act of 1933 any offer to sell securities must either be registered with the SEC or meet an exemption. Regulation D provides three exemptions from the registration requirements, allowing smaller companies to offer and sell their securities without having to register the securities with the SEC.

While companies using a Regulation D exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what is known as a "Form D" after they first sell their securities.

This offering is not exempt from State securities filing requirements. With an regulation D (504) offering you are permitted to raise up to a million dollars within a year but there is no minimum amount and in order to go public you must sell to minimum of 35-40 investors at least a round lot (100 shares) each.

This offering is not exempt from the securities Act of 1933 anti fraud provision. (No securities are exempt from this provision).

Step # 6. Have a broker dealer file a form 15c211. Again your consultant will introduce you to a broker who will file the 15c211 and be a market maker in the securities of the company.

For more information visit: www.genesiscorporateadvisors.com

Joseph D. Quinones
josephquinones@genesiscorporateadvisors.com

Joseph D. Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client and generate millions in revenues.

Fleet Washing Operations Manual Sample Outline

In the Truck Washing Business every single type of vehicle is washed differently. If you... Read More

Is It Recess Yet?! Confessions of a Self Employed Workaholic

I have a confession to make. My name is Caroline and I'm a workaholic. I... Read More

SBIR - A Nice Add-on Business

If you are a small business and qualify to participate in the SBIR program, it... Read More

Where to Find a Cash Windfall of $10,000 to $1,000,000 -- You Never Knew You Had

There is a rather famous true story called "Acres of Diamonds".It is about a successful... Read More

Creating Lists to Learn About Yourself, Your Business and Your Customers

I love lists. I make them for everything. And I'm not just talking about groceries,... Read More

How to Start an Office Support Service

Office support services can range from basic data entry to a fully-staffed office handling all... Read More

Small Business Planning -- Three Myths

Are you -- like 70 percent of small business owners -- working without a plan?Here... Read More

Firing Underperforming Employees in Your Small Business

Here are a few tips on how to hand out pink slips when it comes... Read More

Electronic Franchise Disclosure and E-Signature Future for Investors

It has been discussed allowing Franchising companies to electronically disclose franchise documents to the public... Read More

Does Your Business Need a Toll-Free 800 Number?

Should your business have a toll free number for customers to make sales, service and... Read More

How Do I Choose The Right Business Opportunity For Me?

First you have to start with knowing your budget and how much you can afford... Read More

Small Business Mistakes: Are You Making Enough of Them?

That's right ­ are you making enough mistakes in your business? Some of you are... Read More

Don?t Wait for the Perfect Plan

1. Don't Spend Too Much Time PlanningWhen you are entering a new market, you won't... Read More

Basic Psychology of Franchisee Ownership and Expansion

If you are a franchisee of a large franchise system; before you expand your franchise... Read More

Small Business Marketing: Specialize or Generalize?

There have been many great points raised on both sides of this discussion. In order... Read More

Small Business - Is The Accounting Profession Ripping Them Off?

My 16 year-old daughter said, "Gee Dad! You look just like an accountant" And... Read More

Small Business Stress Buster: Completion not Perfection

Completion not Perfection Five Keys To Doubling Your Productivity and Boosting Your EffectivenessI frequently meet... Read More

The Power of Why: Your Psychological Ally To Marketing Success!

Here's why 'WHY' is such a profit-making marketing trigger."Stop taking two and three plates... Read More

Mini-Blind Cleaning Business, Case Study

Sometimes the simple businesses are the ones, which make good money. Take mini-blind cleaning for... Read More

Setting Up a Pressure Washer Rig to Clean Concrete

Maximum efficiency in the cleaning industry is a key to survival and higher rates of... Read More

Share Ad Expenses to Boost Profits

The challenges of the small business owner are well documented. They must battle for market... Read More

Everything I Need to Know About Business I Learned From My Nametag

So there I was ? sitting in the audience of an on-campus seminar. Surrounding me... Read More

Local Search and Internet Yellow Pages - A Whole NewVocabulary for Small Businesss

Buyers want both online and local information about where to buy Most small businesses are... Read More

Employee Monitoring - Business Risks For Employers And How To Avoid Them

E-mail and Internet use are integral parts of the typical worker's daily routine. Because of... Read More

How to Find A Group that Needs Speakers

How do you find groups that are in need of speakers (at no charge)?Finding groups... Read More

Essex Accountants: Top Things to Look For

One of the most common horrific mistakes a business can make is hiring the wrong... Read More

The Joy and Hazards Of Finding Your First Office

Q: I have outgrown my home office and need to find office space for me... Read More

How to let go of your EGO

When does your ego get in the way?Let's go back to that networking meeting and... Read More

Time to Sell your Restaurant? Some Advice from Restaurant Consultants, Inc.

As a specialist in getting restaurants open, it is surprising how many people ask, "How... Read More

Forming a Corporation ? Investors

You've come up with the best idea since sliced bread, figured out a business name... Read More

Why You Need A Virtual Assistant

How much is your time really worth? Is it worth ?50 an hour or ?100... Read More

Why Do Most Online Small Businesses Fail?

Search Engines account for almost 90% of all web traffic!In the Offline world its all... Read More

Hispanic Small Business Advantage

One thing I have noticed in my travels to different markets is that Hispanic Small... Read More

FTC Report on Franchise Rule Making; What Purpose?

The Federal Trade Commission out of the blue decide in November of 2004 that they... Read More

What are the COSTS Associated with joining Leads Groups?

When it comes to cost, how much can you afford or not afford?When it comes... Read More

How the Humble Ice Cube Made Business History

Gather round while I tell you the story of Kennebec Ice. It's a story full... Read More

How To Accept Credit Cards

If you plan to do business online, then your website will need to accept credit... Read More

Starting a Tractor Washing Business

In the heavy equipment cleaning business you can make good money and provide an important... Read More

Why Small Business Must Turn to PR

If small business had no important outside audiences, it wouldn't exist.But since they do have... Read More

Do You Microbifer in Your Cleaning Business?

Microfiber cleaning towels have been around for about ten years now. When I first heard... Read More

Do You Want Your Own Fully Programmable ERP? - Part 2

In the first article we mentioned the main characteristics that should have a software to... Read More

Who Makes the BEST Alliance

What types of companies do you want to align yourself with?What is the best company... Read More

Do Home Businesses Complicate Small Business Debt Collection Laws?

The home-based business market, sometimes called the SOHO (small-office/home-office) market, is booming. As more and... Read More

Mobile Car Wash Market Opportunities in California

The current lack of industry leaders represents an exceptional opportunity for a large and organized... Read More

How to Prevent Home Business Burnout

As a home business proprietor, you may already realize why avoiding "home business burnout" is... Read More

Have You Thanked Your Competitors Today?

Competition in the business world is often viewed as a negative thing, but it doesn't... Read More

Grab Your Consumers Attention in a Cluttered World of Marketing Communications

A cluttered world of marketing communications diminishes the ordinary. The consumer can no longer... Read More

Three Small Business Secrets to Getting More Billable Time

As small business owners we're in business to make money doing what we love. And... Read More

How to Create an Information Plan

What is in an information plan?Before you even meet with a potential customer, you should... Read More

Business Valuation is Critical

What is Business Valuation? The term business valuation is the method by which the business... Read More