Forums: Discussions for entrepreneurs and small business.

Hello Members, I am a new business owner and also a new member to startup nation, with a background in business. I have recently incorporated in WY but the physical address for my holding company is in DE. I have a business plan,shareholders, financial projections, qualification to do business and business bank account etc., I am now at a point where I need funding. I already have EDGAR access codes for "Form D" filing purposes and what I would like to know now is when would be the right time for private placement offering preparation? I certainly do not want to begin the process too early or too soon.

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can you provide an estimated range of financing required and whether your business is a "fast-growth" business with huge multiples in value creation vs. a more local, organic growth business? and can you also share whether you have experience running a business of the nature that you've started? with answers to these questions, it will be easier to provide suggestions as to best financing approach.

 

Also, please review Step 6 of StartupNation's 10 Steps to Open for Business, which has been used by many millions of entrepreneurs with success.

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Rich Sloan , Co-Founder, Chief Startupologist, StartupNation

The estimated range of financing is between 10-30 million dollars and in terms of what category this business falls under it would indeed be considered an "organic growth" business. My family has owned and operated holding companies and their subsidiaries since before I was born so I have a knowledgeable understanding of how holding companies work but I have never operated one myself although I have served as director under my grandfather for his holding company.

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I would read the reg. d before trying to raise $10 to $30 million. You might be better off finding an I-bank and letting them do all that.

Plus, that is quite a range.

What revenues do you have now?

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