| Background |
|
|
| |
|
|
| The possible advantages and disadvantages of floating your company on the stock market are set out below. If you would like to discuss the possibility of floating your business call 01928 756 880 |
|
|
| |
|
|
| Advantages |
|
|
| |
|
|
| Fund raising |
|
|
| Long term access to finance |
|
|
| Tangible valuation |
|
|
Acquisition finance |
|
|
Management incentivisation, retention and recruitment |
|
|
| Status: suppliers, customers, employees |
|
|
| Exit route |
|
|
|
|
|
Disadvantages |
|
|
| |
|
|
Management time
-
press, analysts, institutions
-
process, compliance and cultivation
|
|
|
External scrutiny |
|
|
| Executive salaries |
|
|
Short termism |
|
|
Loss of control/autonomy |
|
|
Unfair ratings |
|
|
| Cost of flotation |
|
|
Continuing obligations |
|
|
Reduced tax planning |
|
|
Exit route governed by takeover code |
|
|