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The initial sale of shares when a company goes public is sometimes referred to as the Initial Public Offering (IPO), to which banks tend to respond first. Going public is a time-consuming, complex procedure and requires careful planning and a pragmatic approach. Resources of importance to a company are tied up when it goes public. It is well worthwhile organising independent, skilled support in the shape of an interim manager with experience of the sector involved, in particular to ensure the company and its shareholders are not short changed by the banks making up the underwriting syndicate. The mere production of a business plan and assessing the business requires highly specific know-how which can be provided by a manager with experience of the industry. Together with the due diligence inspection, these are the foundations for compiling the prospectus. The analytical evaluation of the business and its position in the market and the realisation of added-value potential requires external support for shareholders and management alike, and this is provided by our experienced interim managers. This form of project management contributes towards taking the load off the shoulders of the actual management team and allows them to concentrate on doing their real job - running the company. |