In the world of business, great partnerships are a story that no one tires of hearing. Whether it’s two longtime friends who had a great idea or two strangers who found one another while trying to solve the same problem, business partnerships are almost a romantic idea.
Stay in business long enough, and you may find that, as in life, the only thing that remains constant is your need to change and adapt to trends and economic shifts. Sometimes your business might need to take a direction which you never envisioned when you began your journey.
Whether you wish to enter the New York Stock Exchange or some other market, the decision of whether to "go public" is an important one for any business owner. The investment capital that comes with an initial public offering (IPO) can take your business to new heights, but there are additional legal hurdles for businesses that go public.
Starting a new business is exciting. You've decided on the product or service you plan to provide and raised the funds you need to get started. However, one crucial decision remains: What kind of legal structure should you choose?