The Five Elements Every Company Looking to Raise Money Must Have, According to KPMG Partner

There are five elements every company looking to raise venture capital or go for an IPO should have, said Itay Falb, a partner at KPMG Somekh Chaikin in Israel. Falb spoke Thursday at Calcalist’s third annual Mind the Tech conference in New York.

The first element, according to Falb, is generating a profit-oriented business model; the second is implementing financial and IT systems early on; third, the company needs to consider the tax policies in the country or countries where it is looking to do business; fourth, the company should consider its cap table—putting in order the percentages of its ownership, equity dilution and value, and investors; finally, a company looking to raise money should establish a strong financial team.