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March 12, 2018, 08:13:06 AM |
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I own a profitable home improvement company in the U.S. I want to know if anyone knows the legality of using an ICO to take it public, offer dividends, etc.
We want to stick with a home painting category which carries a 50%+ profit margin and is easily expandable. We want to offer something that has never been offered to customers needing home improvements, a flat rate insurance policy for the work performed and for future work such as exterior home painting.
In the insurance offer aspects of the company a simple fee of $50-$100 charged monthly can be profitable.
About the company: Started in 1994, re-branded 2017. Performs ~20 jobs per month with a monthly revenue after expenses of $50,000-75,000
The goal would be to raise $1,000,000 in initial capital which would be used mainly for marketing and legal consultations to keep it going. I can see the monthly revenue increasing by 10x or more within months with just the right marketing campaigns.
Helpful input is welcomed, this is only an idea.
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