If you want to grow your business, stay ahead of competitors and offer a wide range of solutions to your clients – solutions that:
you will probably be very interested in finding out about the Crowd Sourced Funding Equity Raising opportunities that are now available for private companies.
Do you envisage that you will expand your business or purchase a new business or pay off debt?
If your annual group turnover and gross asset value is under $25 million, you are potentially eligible to raise up to $5 million every 12 months from the public (if the market supports your proposal of course)! Sure, you have to allocate shares in your company – but you are receiving funds to assist in improving your business operations. This is part of ongoing “wealth creation” you don’t have to own 100%!
The Australian Parliament approved the amendments to the Corporations Act to enable private companies to raise capital from the public on 12th September 2018. The legislation will commence operations 28 days after the Royal Assent – so, I believe, Crowd Sourced Funding Equity Raising for private companies will be available from around mid-October 2018.
There is “no gain without pain” so there is a fair bit of work to get your company “investment ready” if you wish to avail yourself of this opportunity, that businesses in most other Western countries, have been able to utilise for the last 5 to 7 years.
You are invited to participate in a free webinar – “Crowd Sourced Funding Equity Raising for Private Companies Explained” on Wednesday 26th September at 12.30pm (AEST) – to register click here.
Your second task might be to brush up on your corporate governance knowledge, because you’ll need to be on top of your company directors’ duties and responsibilities, if you want to successfully raise capital for your company.
You could join the Corporate Governance Network Workshop/Webinar Program throughout 2018/19.
The video recording for workshop/webinar number 2 features presentations by:
The corporate knowledge update presented this month incorporated comments on:
The Corporate Governance Network is being presented in 9 x 90 to 120-minute workshops/webinars during 2018/19 featuring seven keynote presenters with wide corporate experience.
The annual subscription is $499 (incl GST) (a subscriber can attend the “live webinar” and also receives access to a recording of each webinar and various handouts and other items); or
A subscriber can subscribe to an individual webinar recording for $78 (incl GST) to access the individual webinar recordings.
I would like to invite you to view the recording of workshop webinar number 1 for FREE - click here.
For more information and to subscribe, if you wish, please visit www.esssmallbusiness.com.au/corporate governance
If you have any questions on any aspect of the Corporate Governance Network or services provided by ESS Small Business, please send me an email email@example.com or telephone me on 1800 232 088.
Have a great day!
COMPLIMENTARY MATERIAL Click on the button below to access the following FREE material:
Episode 21 - Directors, Crowd Sourced Funding Equity Raising Presents Great Opportunities!
If you wish to receive future editions in the Survival Hints for Small Business series, you can visit our iTunes – Podcasts - Survival Hints for Small Business page and subscribe to our podcasts. If you have any questions or suggestions on future items to be covered in Survival Hints for Small Business, please don’t hesitate to contact us.