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Jul 24, 2019

  • What is in it for a company?
    • Ability to raise up to $5 million in a 12 month period direct from the public
  • This is not a loan therefore:
    • No loan application required
    • No security required
    • No personal guarantees required
    • No monthly repayments of principal and interest required
    • The company issues ordinary shares to...


Jul 24, 2019

Accountants can assist companies to prepare the documentation that they will require:

  • Business Plan
  • Budgets/Cash Flow Forecast
  • Customer analysis
  • Identification of unique competitive advantage
  • Business valuation to determine the number of shares to be offered and pricing

Company directors and managers will benefit from...


Jul 18, 2019

  • Based on information contained within the Crowd Sourced Funding Intermediaries’ websites we have prepared the following scorecard as at 19 June 2019:
  • Link to Crowd Sourced Funding Equity Raising Intermediary’s Scorecard
  • Sample of business activities of companies which have raised capital include:...

 

 

READ THE...


Jul 16, 2019

Companies need to have their “House in Order” - Andrew Geddes Chair of Greencross Ltd for 11 years (former ASX top 200 company) and a consultant to the Australian Accounting Industry for the last 30 years.

  • “To raise capital SMEs have to go through all the disciplines of getting their “house in order” before...


Jul 16, 2019

Crowd Sourced Funding Equity Raising is not the same as “Crowdfunding”.

  • Crowd Sourced Funding Equity Raising is governed by the Australian Government’s “Corporations Act” which specifies strict legal requirements for the company to abide by.
  • The company has to appoint an Intermediary from the...