"Good day,How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very important to disclose to you, but I found it difficult to express myself…"
"Basic place to start Godfrey is how do you plan to fund this initially?
Are you looking to provide a return of capital to investors? Will you offer investors a share of any profit?
Do you need a small pot of money without paying it back? How…"
"Just came of the phone with John and he has been the best advice so far on trying setting up to decide between Limited by guarantee or limited by shares..? My business is providing specialist workshops, conference featuring a series of lectures,…"
"Thanks John, and for your reply above.
I definitely want to be a CIC; I want to be paid for the work I do, but I am NOT in this to own a multi-million pound company. I think I am going to set up as a CIC limited by guarantee though, as the…"
"potential investors are put off by bloody everything! In 2010/11, only 3.5 million of equity (risk) investment went into the social economy, i'll be honest I couldnt believe it was that low. Funnily enough even with CIC Share…"
"Yes, you can structure it so you retain control.
i think the argument moves to should you be a CIC limited by Guarantee or a non CIC Limited by Guarantee (lets assume we've discounted CIC Limited by Share and non CIC Share for the…"
"Hi Chris, - I formed a CIC with shares and encountered two major problems: a refusal by the local Council to grant discretionary rate relief, and a decision by certain grant funders (e.g., Awards For All) that we were ineligible to apply. Another…"
"Thanks Jo. This is the problem I'm having in making this decision, there doesn't seem to be a model that fits with what I want to do. I am even considering not bothering with CIC status and just running my business as ethically…"
"Chris- I agree that limited by guarantee indicates that you are true social enterprise, however if you are going to need any outside investment in the future, potential investors could be put off as their potential return is limited by CIC status,…"
"Okay, thanks. I had no real desire to sell shares in the company, but was just going on what I had read with regards to the type of business we will be, all of which brings me on to my next question then: if I am setting up as limited by…"
"Do you want to raise funds via shares?
Have a look though the discussions in our CIC Share group to get a grip with some of the issues if so :http://cicassoc.ning.com/group/cicshareissues .
If you dont have a particular strategy…"
Hi All,I am trying to start a company that I want to set up as a CIC. My trouble is in choosing whether or not to be limited by shares or limited by guarantee.My business is designing, building, and selling adaptive outdoor sports equipment for people with disabilities, and providing training for use of the equipment, both for customers that have purchased equipment and for schools, clubs etc where we will provide the kit. Now the key is that the kind of equipment I'm talking about currently…See More
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More
Good day, How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very important to disclose to you, but I found it difficult to express myself here, since it's a public site. Could you please get back to me on my private email(email@example.com) for the full details? Have a nice day and God bless you, jean