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Selling Stock To raise money

 
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JamesHogan

posts: 5

Dec 26, 2007 7:39 PM ET    Quote  Report Abuse
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I got a question, me and my dad was talking about my company getting incorporated and the question came about raising capitol and thought about selling stock to raise capitol. Now im thinking is this a good idea to expand and raise capitol to fund what im trying to do? or would this make my company publicly owned?
CraigL

posts: 9051

Dec 26, 2007 10:19 PM ET    Quote  Report Abuse
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How big is the company...how much annual revenue?
JamesHogan

posts: 5

Dec 26, 2007 10:55 PM ET    Quote  Report Abuse
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well the company is new revenues so far has been about 12,000 and we started a month ago
robertj

posts: 1461

Dec 27, 2007 11:25 AM ET    Quote  Report Abuse
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1. Selling stock in a company -does not (in and of itself) make the company "publicly owned". The process for becoming publicly owned is extensive.

2. Whether selling stock to acquire capital is a good idea depends upon several factors including:

  • How much capital you will need
  • How you feel about having investors
  • The "capital readiness" of you and your business

3. Be aware that there are laws and regulations that govern the sale of stock (whether public or private).

 

robertj12/27/2007 11:27 AM


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Business Growth Masters, LLC -
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http://www.bizgrowthmasters.com
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Jan 13, 2008 3:03 AM ET    Quote  Report Abuse
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yes the regulations  are  huge when bringing a company public,    
 
12,000  in revenues  in a  month?? 
what  do you need  capital  for  if I may ask???
 
Mike
KingDingaling

posts: 3

Mar 21, 2008 10:57 PM ET    Quote  Report Abuse
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So James...... Your website is all over ripoffreports.com advising evryone not to use your website. Noone recieves their orders, and the ones that do recieve there purchases get fakes and ripoffs. I know this because Me and several other customers have made contact through email. When you purc hase your item, you receive an email from shopcorrect.com telling you they processed your order, five minutes later a fraud website awoogah.com tells you that they are processing your order. You make sure to charge the credit card and not send the product. Weve contacted the Better Buisness Bourea and several others have alerted internet authoritys. What your doing is an outrage, its only a matter of time before you and your website are shut down. You seem like an honest guy just trying to start a buisness, but theres corruption going on in your website
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