Going Public to Raise Funds
If you're thinking IPO, consider the SCOR alternative first.
Small Corporate Offering Registrations (SCORs) let smallcompanies raise money by issuing stock directly to the publicwithout the help of an underwriter. (IPOs, on the other hand, useunderwriters to buy the stock and resell it to the public.) SCORsfeature much less complicated regulatory oversight and documentfilings compared to standard IPOs and can be used to raise amountsof up to $1 million.
Excerpted from Grow Your Business