ENTREPRENEURSHIP

Detailed explanation-1: -A company is ready to go public when it is prepared to make an initial public offering of stock. To do this, start-ups and small companies must prove the potential to grow into a profitable business. Larger organizations must show an ability to create profits and grow market share.

Detailed explanation-2: -When a company goes public, the previously owned private share ownership converts to public ownership, and the existing private shareholders’ shares become worth the public trading price. Share underwriting can also include special provisions for private to public share ownership.