Factors for Going Public Through an Ipo Essay Example for Free

Factors for Going Public Through an Ipo Essay When an organization is private they have decisions to make. Going public through an initial public offering, or IPO is one decision they can choose. When going through an IPO there is going to be increased capital. A public offering will allow a company to raise capital to use for various corporate purposes such as working capital, acquisitions, research and development, marketing, and expanding plant and equipment (FindLaw, 2013). Other advantages of choosing an IPO would be liquidity, increased prestige, valuation, and increased wealth. Weaknesses Even though going public has some advantages, it can also have some disadvantages too. The time and expense is probably one of the biggest disadvantages with this choice. It can take over a year and much money for fees to even start the process of an IPO. Other disadvantages to going public through an IPO would be disclosure, decisions based on stock price, regulatory review, falling stock price, and vulnerability. Disclosure is another part that can be costly when starting an IPO. That means that the organization has to make all financial records available to the public. Opportunities Going public is a way to increase public awareness of the company. The company will have more exposure of its product line. This awareness will increase sales because the product will be introduced to a new group of potential clients. An opportunity to increase clients will have an increase in market share. Investors will have a positive reaction to the company as it increases its market share. Threats As a public company, there will be accounting practices that will need to be met. The SEC requires public companies to comply with the regulations. The cost to comply with SEC regulations can be expensive in addition to the regulations the SOX Act will require an external accounting firm to audit the company adding additional cost. Since Lafleur will now be operating as a public company, they will have the pressure to perform for the market. â€Å"The actions of the companys management also become increasingly scrutinized as investors constantly look for rising profits. This may lead management to perform somewhat questionable practices in order to boost earnings† (K. Balasubramaniam, 2009). Factors for acquiring another organization in the same industry Strengths An organization can also acquire another organization in the same industry. A major strength with acquiring another organization is that Lafleur Trading Company would be the owner of both organizations and would hold the power of both at the same time. The new organization loses its power and sometimes even loses the name. Acquiring another organization might be done to save the original smaller company while boosting sales for the larger company. If Lafleur would choose to keep the client list of the new organization it would be strength for them and those clients. The clients would still be able to receive the same products, but under new owners. With the new organization being in the same industry Lafleur would not have to buy any additional equipment for the new product. They could just bring the product over to their buildings. Weaknesses Acquiring another organization has its weaknesses too. Customers can become upset over this because they want to be loyal to the previous owners over the newer ones. Lafleur would have to pay a premium to the affiliate of the organization to keep the customers happy (if they can) and without upsetting cash flow. Opportunities There is opportunity in a company’s strengths. Lafleur can take advantage of the successes the acquired company has accomplished in the areas of product, marketing, research and development, and staffing. They can also avoid mistakes that have been made in the past. Using a synergy strategy in this process of acquisition will require Lafleur to be knowledgeable in the operations of the new company. Threats The threat of acquiring another company in the same industry is in its customer base and product line. Lafleur may not be gaining new clients or offering new or improved products. The sales team may be making the same sales calls to the same customers the other company. In this scenario, Lafleur will be gaining the company’s debt without the benefit of expanding resources for future growth. Merging with another organization Strengths Mergers are different than acquiring a new organization because when two companies merge they work together instead of taking full control of the weaker company. Mergers can help both organizations while also benefiting the public. The new firm will have increased market share, which reduces competition (Economics Help, n.d.). The merger will help financially because the company will get a better interest rate for the size. Efficiency is strength for mergers because the companies can bring the more experienced employees from both organizations together. An important strength of a merger is having diversity between the two original organizations. Other strengths would be research and development, avoiding duplication, and regulation of monopoly. Weaknesses Mergers have weaknesses just like any other choice to expand the organization. Mergers mean higher prices for products because competition is cut when two organizations become one. A merger also means fewer choices of products for customers. One of the biggest weaknesses for a merger would be fewer jobs in each organization. This means that Lafleur would have to let go of some of their employees while the organization it mergers with would have to also let go of some. The employees that are left might experience diseconomies of scale. This means that the employees will feel like they are part of a big corporation and their motivation will start to go away. Opportunities Opportunity lies in a merger with a larger well known company. Lafleur will gain the experience of growth from a larger company. There is also the opportunity of better benefits, salaries, increased revenue, and the expansion of offices in other markets. There must be research to be done to choose a company that will aid in future growth. This company will need to be a worthy partner and not a company that needs a lifeline to survive. Threats If a company does not have a growth opportunity on its own, it will not have growth opportunity when it merges with another company. The threat of Lafleur not benefitting from shared resources can result in failure for both companies. Another threat to a merger is mis-management. If the other company is poorly managed, Lafleur will suffer with unrealistic strategic goals, poor communication, and uncertain future success. It is because of these reasons that most companies do not experience more than one merger in their lifetime, they usually fail. Balasubramaniam, K. (2009). Advantages and Disadvantages for a Company Going Public. Retrieved from http://www.investopedia.com/ask/answers/06/ipoadvantagedisadvantage.asp

Effective Use of Pathos and Connotative Language :: Analysis Hawaii Culture Essays

Effective Use of Pathos and Connotative Language The Hawaiian culture is known throughout the western world for their extravagant luaus, beautiful islands, and a language that comes nowhere near being pronounceable to anyone but a Hawaiian. Whenever someone wants to â€Å"get away† their first thought is to sit on the beach in Hawai’i with a Mai tai in their hand and watch the sun go down. Haunani-Kay Trask is a native Hawaiian educated on the mainland because it was believed to provide a better education. She questioned the stories of her heritage she heard as a child when she began learning of her ancestors in books at school. Confused by which story was correct, she returned to Hawai’i and discovered that the books of the mainland schools had been all wrong and her heritage was correctly told through the language and teachings of her own people. With her use of pathos and connotative language, Trask does a fine job of defending her argument that the western world destroyed her vibrant Hawaiian culture. In the beginning of her paper, Trask wastes no time in bringing the reader into her essay. â€Å"E noi’I wale mai no ka haole, a, ‘a’ ole e pau na hana a Hawai’i ‘imi loa.† â€Å"Let the white man freely research us in detail, but the doings of deep delving Hawai’i will not be exhausted.† (Trask, 175) Kepeino said this, a nineteenth century Hawaiian historian, in response to the white mans involvement to Hawaiian history. Using an expert’s opinion as support she backs her argument up without hesitation. The quote states that if the white man deems it necessary to unveil the doings of Hawaiians, let them come; they will not find what they are looking for. The connotative language used sounds much like an invitation to be sought out. She gets under the readers skin, making it hard for them not to support her side of the argument. Trask uses pathos as her main tactic to support her argument. She gets close to the audiences’ hearts to gain sympathies from them. She introduces Hawaiian words such as â€Å"‘Ohana† (family), a personal subject to most people, to make them feel more comfortable in the setting of the essay. If one feels they are apart of something, they are more likely to take up with you and fight for what you believe in.

Race Unity Speech

However, how can we appreciate our differences and grow together as a country? In Beam's Inaugural speech, he said that:† We recall that what binds this nation together Is not the colors of our skin or the tenets of our faith or the origins of our names. † In New Zealand, as a multi-Anton of Immigrants, It Is the same for us. Maybe our parents or grandparents are from other countries, maybe we have eyes In different colors, maybe we speak another language at home, but, now, at this time, we have the same name -nit is New Zealand.We can see kinds of culture every day without having to live our country. We have blue sky, pure air, vast grassland, delicious food and lovely Kiwi birds. How lucky living in such a comfortable country! I remember the time when I was on the plane. It was my first time in NZ, there was more excitement than worry. However, when I arrived in this country Just over a year ago. I saw people in different colors speaking different languages were walking past me. It felt like a silent movie, there was no sound and I was standing among the stream of people. I was lost, all of the exciting feelings were gone, there was fear only left.I cannot imagine how I can live in such a different environment and I know nothing about It. It was a long and sleepless night before the school began. Next morning when I stepped Into the classroom, I received a warm welcome and curious glance and nothing else. I found It was not as scared as I imagined. They are nice and patient. They are interested in my hometown and would talk about themselves to me. I really appreciate them giving me a suspicious start of my new life in NZ. Now there are more and more new faces joining us. I'd like to help them and share my experience with them , Just like how I eave been treated.So the circle will go on. As a country, the most important thing is tolerance. Just like NZ, she accepts all of us and mixes us together. The world is whole and wide, as it happens, it is u s who build up a country together. We need to use our thankful hearts and smiles to smooth over those differences, take away the insecurities and grow together as a country. What can we do to create a safe and inclusive society, characterized by racial equality and freedom from violence and abuse? An old Negro spiritual sang that: Free at last, Free at last, Thank God almighty, we are free at last!A short song but full of wishes of the black. Nowadays, no matter Maori or Europeans , western or eastern, rich or poor, we are all in NZ, we all have a dream that all men are created equal. Maybe in the past, there were wars between our birth countries but the world is peaceful now, we cannot still hold the ethnic hatred tightly and never forgive. It does not mean to forget the history but not regard others from the national point. We are the person who we are. The dark chapter of the history should not be put on our shoulders. That Is not fair for us, we are Innocent. I have learnt a art icle called Going for the bread†.It Is written by a Maori writer. It shows conflicts between Maori and Europeans. Some European girls say that the little Maori girl is dirty and even European mother Just shocks the door and less her get off with her dirty lies. A kid knows nothing but they can learn everything from their parents. There is also a story about a white mother and a black driver. When they take a taxi, the white daughter asks her mother why they are in different colors. The white mother answers her peacefully:† My dear, in order to make the world colorful, God lets us human beings be different colors. Such a different answer!Parents are our first and best teacher, they should be a good model. Thus it can be seen that to create an equal society, we need to Judge others by the content of their character. Can Treaty of Waiting help all New Slanderer have a sense of belonging and connectedness? If so, how? If not, why? I think the Treaty of Waiting can help all N ew Slanderer, however, time is changing, we are not in the same situation as before. We definitely need a treaty but a new version which is more suitable to this modern society. Do you have a proverb from your own ethnic or cultural background hat related to the theme?Meniscus has said:† The time is not important as the terrain; but the terrain is not as important as the unity with people. † On first March 2014, there was a serious mishap happened in Gumming China. At around 9:20 pm local time, a group of eight knife-wielding men and women attacked passengers at the city railway station. There were 29 people killed and 143 injured. According to the following research, those assailants are Shrug Muslim terrorists. After the attack, people from all over China are giving a hand to those victim's families and ray for them especially Gaining Province where the assailants come from.Even a Shrug boy, he run on a blood donation vehicle and said deeply sorry to the others but he did nothing worry. It is a small part who has discrimination to different ethnics and only a few bit people of the small part will take extreme action to hurt the innocent. As the same time we accuse the assailants, we cannot pour our anger on the people who are from the same place with the criminals. In the end, I want to say: I have a dream today, I hope with our effort, one day the war would end and let freedom ring from all over New Zealand.

Essay about The Batter Short Story - 796 Words

Short Story With over a hundred hours of batting practice this season, Paul planted his feet firmly against the soft dirt. He took a deep breath and readied himself for the pitch. The ball bolted towards the strike zone, and Paul started his swing. He swung his bat with perfection. In his head, Paul knew it would be the best hit of the year. â€Å"Strike three!† The umpire hollered. It took Paul all but a second to realize that he struck out for the tenth consecutive time, and that he caused the Mustangs to lose the championship game. He walked towards the dugout; his teammates stared at him with grudge. Sergio stomped towards Paul and shouted, â€Å"Why did you swing at that? Are you blind? Now you made us lose the most†¦show more content†¦See you later looser!† Paul left the training facility and went back to his hometown. He worried that he might not have the ability to play baseball again. Insults from Coach Eduardo and Sergio destroyed Paul’s passion for baseball. One day, while walking down the street, Coach McRoy approached Paul and said, â€Å"Hey, I heard that you got cut from the Mustangs.† â€Å"Yeah,† replied Paul in disappointment. â€Å"Would you like to play baseball again? You’ve worked so hard. It would be a waste if you gave up baseball.† Memories of baseball filled Paul’s mind. He knew that he loved the sport, but was he willing to take the risk of failure again? â€Å"I guess you’re right coach, but the season is almost starting and teams have already drafted their players.† â€Å"Paul, you don’t have to worry about that. I’ve already signed you on my team. Come to the team’s training center tomorrow at five in the morning, and I will start training you to become a better player. Welcome to the Thunderbirds.† Stepping into a new training center made Paul feel____. The Thunderbirds’ training center looked mediocre compared to the one the Mustangs had. The training equipments were usable, but well worn out. It seemed as if no one paid a visit to this building, or the field that was beside it, for a long time. Although the environment lo oked rural, Paul ceased to feel disappointed because he could play baseball again. Coach McRoy made Paul startShow MoreRelatedExplication Of John Donne s Holy Sonnet 14933 Words   |  4 Pagesfinds a way to make it work. The beginning of the poem depicts a man hopeless without God’s help, a man trying to change his ways but finds no success and asks God to change in a way I find quite terrifying. The use of violent and erotic language (i.e Batter, Force, Labor, Captive; and erotic words: i.e ravish, love, knot etc) set the tone of the sonnet, and it remains constant all through. Before diving into the content of the poem, we look at the form of the poem. This poem has a Petrarchan form, andRead MoreMovie Review : My Biggest Pet Peeves1440 Words   |  6 Pagesthe next conquest at hand. 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