Doesn’t it really‘frost your cookies’ that medium-sized business always seems to get left out of the most important decisions?
Well, as it turns out, the sector has finally scored a big win!
Many medium-sized companies will be perfect candidates for a concept that’s going to revolutionise capital raising for Australian business and it’s already underway.
This is not a gimmick!
The concept is called “Crowd Sourced Funding Equity Raising” and after being used by SMEs internationally for years, it’s finally been legalised here in Australia.
Medium-sized companies – turnover $2 million to $25 million are ideally placed to utilise Crowd Source Funding Equity Raising to raise capital.
“Scaling up” to the next level or even 2 or 3 higher levels requires:
Crowd Sourced Funding Equity Raising is now available for companies with:
Implementing a capital raising as a Crowd Sourced Funding Company could prove to be an “apprenticeship” for a subsequent Initial Public Offer for a listing on a stock exchange.
The experience of participating in the Crowd Sourced Funding Capital Raising process, working with a Crowd Sourced Funding Intermediary, accepting that a group of shareholders own a percentage of your company, the experience of having some external directors on your Board of Directors, potentially dealing with auditors will be a valuable experience if your company ever decides to proceed with an IPO.
Develop and Maintain Your Skills Levels
Directors of companies interested in raising capital as Crowd Sourced Funding Companies are advised to undertake some research and study into Crowd Sourced Funding Company operations. We recommend that you subscribe to Corporate Governance Network Webinar Number 3 which features a detailed overview of Crowd Sourced Funding Equity Raising. As well as:
We have developed resources to assist companies understand what is involved in raising capital as a Crowd Sourced Funding Company. The material relates to:
You can access this material at the ESS Small Business website -> Crowd Sourced Funding.
If you have any questions, please do not hesitate to send me an email:
Telephone me on 1800 232 088
Have a great day!
COMPLIMENTARY MATERIAL Click on the button below to access the following FREE material:
Episode 27 - Crowd Sourced Funding Can Assist "Scaling Up"
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