Self-Assessment for an Online Offer

Does your company currently have Revenue?

Are there any existing offers or formal discussions surrounding financial transactions? (i.e., commercial loans in underwriting, offers of equity, inventory financing, factoring, etc.)

The past 3 years the organization's Financials are:

Is the enterprise a privately held company (and any Securities or pledges) and is considered wholly owned (Zero Investment Banking, Private Equity or similar external professional investments).

A proper transparent, compliant and properly planned ECF campaign takes a commitment of strategy and forethought. Does that describe your corporate culture?

Is the operation a franchise?

Does any member of the Control Group have any infractions with any securities, banking, regulatory or financial institutions?

By legal definition, is this a for-profit, operating company? (Holding, Investment, LPs and SPVs are not permitted at this time.)

Is the Control Group (“covered persons” holding 20% or more of the controlling stock) fully aware of the level of Financial & Corporate Disclosures required for a compliant offering using Equity Crowdfunding?

Would you consider the enterprise a Family Owned business? (i.e., majority of control group are related by blood or marriage)

Is your enterprise scalable to perform at levels that may be necessary for external capital and forward looking requirements?

Will the terms of your Operating Agreements / covenants that would disqualify adding external capital or issuing unsecured debt?

Do you foresee issues in an Equity Crowdfunding campaign Offering of the required Disclosures having an unwanted effect on Customers and / or vendors relationships?

Are there any liens or encumbrances on the business or its’ revenue?

Does the operation have proof of proper Corporate Governance for your industry (minutes from regularly held board meetings, Regulatory reviews, trade association memberships, etc?

Does the company have a professional, functional, and secure Website?

Does the entity have a Corporate Board?

Would this Capital be for Debt service only?

Does the company maintain cyber-security planning, disaster and recovery planning, etc.?

Are the Books & Records GAAP compliant?

Do you have a detailed and specific Sources and Uses for funding if raised through Regulation CF or Regulation A+?

Would this Capital be deployed for an appropriate Debt Swap?

Are the company’s trademarks, copyrighted material, and intellectual property secured at a reasonable standard of care?

What does the company sell?

On the Balance Sheet is 33% or more of assets intellectual property and / or intangible assets?

The company sells to which marketplace:

Does the company have a formal succession/ business continuation plan in place and fully funded (i.e.,key man life insurance, buy-sell agreement, etc)