Describe the major advantages and disadvantages of going public.
Going public refers to the process by which a private company floats its shares to the public and became a public company. Small companies seeking to expand and grow their company usually go public to generate the much needed capital for expansion. There several advantages and disadvantages of going public.
The first advantage is that it is a cheaper source of finance. Stock market provide small companies with debt a cheaper source of funds because there is no repayment of capital and the dividend payment on share is