In so much as these challenges are concerned, the most major challenge is to go for public listing. It reflects the company's financial worth and increases its credibility. It also serves as an effective way to enhance its market image and corporate identity. The market place perceives a PLC in a better light, with more reputable as well as with more capability to secure potential customers. Even in the healthiest SME, which is talented in management skills, it still needs funds to facilitate the creation of the revenue and wealth.
Funds is the most precious resource available to a business.
Every business must get the greatest possible value out of every dollar it invests. With funds, company is more capable to expand and diversify its activities, increasing its profits and dividends, and to grow geographically even in the worst market downturns. Going public is one definite way to indicate the size and status of the company. As the economy continues to recover, the trend has increasingly emerged for successful SMEs to take on PLC status, not only to share their success but rather as a way to acquire recognition, and above all to gain competitive edge over their competitors. While PLC status enjoys advantages, it nevertheless faces greater demands for public scrutiny and increased disclosure requirements.