Why prepare a fundraising?

The business owner should conduct a personal assessment examining:

• His motivations
• His or her financial situation
• Its financial constraints
• Its medium and long-term strategy

Consider the different options:

• Finding bank financing
• Increase your current account with partners
• Issuing a public bond issue
• Initial public offering
• Professional or non-professional investor

Preparing the business:

• How is its market evolving and what is its strategy to exploit it?
• What are its development potentials?
• Does it have an effective operational capacity?
• Does it have the capacity to incur debt?
• Is the legal structure optimal for a capital opening?

Optimizing the presentation:

Without going as far as “window dressing”, it is necessary to prepare the opening of the capital of a company by presenting the company in its best light by solving beforehand all the problems likely to constitute an obstacle to the opening of the capital.

• Is there a multi-year business plan?
• Do the accounts of the last 3 years show a favorable evolution?
• Can the accidents be explained?
• Are shareholder current accounts repaid?
• How will your biggest customer react?
• Are there still any sureties of the company director to be raised?
• Are managers in favor of the chosen solution?
• Is there a risk that old cases will resurface after the operation?
• Won’t the accounting decisions made to pay less tax suggest that your business is not profitable enough?
• Are there tax receivables that can be carried forward?
• When was the last tax audit?
• Do your family members employed by the company have positions and salaries that match the market reality?