The process of going public involves several steps: 1. Preparation: Entrepreneurs need to prepare their business for public scrutiny, including financial audits and compliance with regulatory requirements. 2. Choosing Underwriters: Investment banks or financial institutions help manage the IPO process. 3. Filing with Regulatory Bodies: In the U.S., this involves filing a registration statement with the Securities and Exchange Commission (SEC). 4. Pricing the IPO: Determining the offer price for the shares. 5. Roadshows: Presenting the company to potential investors to generate interest. 6. Going Public: Shares are offered on a stock exchange.