Joel Lesser
Based on survey results from Ernst & Young, additional compensation for CEO's, CFO's, investor relations, and advisers can add to over a million dollars or more, depending on the size of the organization. Additional board members will most likely be sought as well, adding to director compensation prior to the IPO. The survey revealed that public companies retain about 11 third party advisers to execute a public offering, averaging about 13 million dollars.
In addition, many organizations find they need new or improved IT systems. 25% surveyed bought a new ERP system. Every company and situation is different, but there is no doubt that a large war-chest of funds will be required, and a variety of outsourced talent.
Joel Lesser is a CFO who makes decisions - with his own brand of diligence, integrity and thoughtfulness - that ensure reliable foundations on which businesses and talent may grow.
Acutely aware of the domino effect of change, he constantly asks himself, “Are we not only doing it right, but also are we doing the right thing?”
www.joellesser.com/blog_index.html
In addition, many organizations find they need new or improved IT systems. 25% surveyed bought a new ERP system. Every company and situation is different, but there is no doubt that a large war-chest of funds will be required, and a variety of outsourced talent.
Joel Lesser is a CFO who makes decisions - with his own brand of diligence, integrity and thoughtfulness - that ensure reliable foundations on which businesses and talent may grow.
Acutely aware of the domino effect of change, he constantly asks himself, “Are we not only doing it right, but also are we doing the right thing?”
www.joellesser.com/blog_index.html
