How does one go about selling stock in a new, private corporation ?
Sunday, January 17th, 2010When forming a new corporation, I want to know how to sell stock of that corporation to raise capital to grow the business. This is possible for a brand new company, right? Or must it be established in order to sell stock? (I’m sure that’d help, but it’s not necessity is it?) I know it requires finding private investors to purchase the stock, but primarily what I want to know is how to go about setting things up to do that.
I have several ideas for businesses that I want to start, but I don’t have the capital to do it. I was thinking I could start a corporation to house these various businesses, and sell stock in said corporation to raise funds for those businesses.
Thank you for your time.