Stock Research Question

[soccer866]

I have a research paper over the following question, and was wondering if anyone has any suggestions. I'm currently researching to find the best two ways for a company to go public. The scenario follows:

A young firm located in Texas has 8 employees, $5 million in revenue, 20 shareholders (all original owners or employees), not publicly traded and has a bank loan of $500,000. In the next two to five years the firm wishes to have 40 employees, $50 million in revenue, and $9 million in equity and $4 million in bank debt. Their bank currently requires either a review or audit by a public accounting firm.

The firm wishes to finance their growth by issuing stock with as little cost and difficulty as possible. Now I'm trying to find the top two options to suggest to this client. Thanks for your help!

[Stocktrading101]

Happy to help!

Considering they are so small with only 8 employees and $5 million in revenue (is the company profitable?) doing a full fletched IPO would make no sense at all and probably isn't even feasible.

The top two options for the company if it wants to expand would be to sell more stock in a private offering or take out another loan through a bank.

The question is how much cash does the company need to fuel the growth it expects over the coming years.