Miro Zecevic

What are the benefits of being Foreign Private Issuer? Many foreign companies wish to have access to capital market an become publicly traded company in the United States. The reason is that being part of the largest and most liquid capital market bring many benefits including prestige, visibility, ability to attract and retain top talents, etc. To become a part of capital market in the United States and experience all the benefits that it carries, foreign company may undergo reorganization of corporate governance and operations. Foreign issuer in federal securities law is defined as foreign government, foreign national or corporation incorporated by any foreign country. Any foreign issuer (except foreign government) can be considered foreign private issuer except if more than 50% of the issuers outstanding voting securities are held by residents of United States and if any of the following applies: majority of issuer’s executives and directors are residents of United States, mo...

7 Steps to Starting Your Own Business Step 1. Personal Evaluation Why do you want to start a business? Is it money, freedom, creativity or some other reason? Step 2. Analyze the Industry Who will buy your product or service? Who would be your competitors? How much money will you need to start? Step 3. Make it Legal Name you business. Register it. Get the proper business license and permits. Check into your insurance needs. Step 4. Write a Business Plan Define your strategy, tactics and specific activities for execution, including key dates, deadlines and budgets and cash flow. Step 5. Get Financed Most small businesses begin with private financing from credit cards, personal loans, help from the family etc. Step 6. Set Up Shop Find a location. Negotiate leases. Buy inventory. Get the phones installed. Have stationery printed. Hire staff. Set your prices. Step 7. Trial and Error Expect mistakes. Be open minded and creative. Adapt. Look fo...