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Empowering SMEs

OVER 30,000 PEOPLE HAVE ENDORSED CROWD SOURCED FUNDING EQUITY RAISING BY INVESTING

Empowering SMEs (Issue 044)

The Crowd Sourced Funding Equity Raising Scorecard produced by ESS Small Business / ESS BIZTOOLS as at 31 July 2019 has identified that 31,141 investors have invested an average of $1,207 each in the 44 companies that have raised $37,586,246. (Click here to view the Scorecard) This uptake indicates that after a slow start Crowd Sourced Funding Equity Raising is starting to raise much needed...
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 the investors What do you want to achieve for your...
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 advice on how Crowd Sourced Funding Equity Raising operates...

Crowd Sourced Funding Equity Raising – Scorecard

Empowering SMEs (Issue 041)

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: 100% digital bank All-female rideshare company Craft beer manufacturers Craft...

Crowd Sourced Funding Equity Raising - “HOUSE IN ORDER” Required

Empowering SMEs (Issue 040)

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 investors will even consider supporting them, and in many ways that is a...

Is Crowd Sourced Funding Equity Raising the Same as Crowdfunding

Empowering SMEs (Issue 039)

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 businesses which have been appointed Crowd Sourced Funding Intermediaries by ASIC....
When the then Australian Prime Minister, Malcolm Turnbull announced the Coalition Government’s Innovation Policy in December 2015 he indicated that two new types of corporate entities would be established. These entities were: Early Stage Innovation Company which required amendments to be made to the Income Tax Act Crowd Sourced Funding Equity Raising which required amendments to be made...

Crowd Sourced Funding Equity Raising - Who Might Be Interested?

Empowering SMEs (Issue 037)

Crowd Sourced Funding Equity Raising represents the biggest improvement in business financing for small businesses and medium sized enterprises in the last 35 years! Australia is playing catch up – Crowd Sourced Funding Equity Raising is already proven in overseas countries United Kingdom United States of America Canada New Zealand have had Crowd Sourced Funding Equity...

Crowed Sourced Funding Equity Raising - In The Beginning

Empowering SMEs (Issue 036)

In the Beginning………. The original amendments to the Corporations Act required a Crowd Sourced Funding Equity Raising Company to be an unlisted public company. The legislation was changed from 19 October 2018 to enable “propriety limited companies” as well as “unlisted public companies” that meet the eligibility requirements to be able to raise capital direct from the...

Potential of All Female Companies Under Estimated

Issue 035

Former public company director, Andrew Geddes, is hopeful the recent $3-million capital-raise by the women’s ride-sharing company, Shebah, will encourage more female-owned companies to begin using Crowd Sourced Funding Equity Raising for their growth capital. Mr Geddes, the former Chair of Greencross Limited, believes Crowd Sourced Funding is likely to become the preferred way for the small...

Experts Endorse Crowd Sourced Funding Equity Raising

Issue 034

Are you missing out on the capital on which your successful small or medium sized business needs to grow? There’s no real reason you should be, if you run a SME that meets the requirements for an all-new capital-raising process. Crowd Sourced Funding Equity Raising (CSF) has seen a rapid uptake amongst those companies, who have been first to market, since the process was legalized for small...
Sounds great doesn’t it?  Would you like to be in this position? Already in Australia over $23.1 million has been raised by 27 companies since Crowd Sourced Funding Equity Raising was given the “green light” just 4 months ago. This change represents the biggest change in business finance for small and medium-sized businesses in the last 35 years. Crowd Sourced Funding Equity...

How To Grow Your SME Without Increasing Your Personal Risk

Issue 032

So, you want to grow your business. What is it they say? If you’re standing still while others around you are moving forward, then you’re sliding backwards. Everything is relative and that applies to the growth of small and medium-sized businesses as well. If you’re planning to buy out a competitor to grow your market share, or you want to build that new factory or warehouse, you’ve...

How To Retire With Dignity From Your SME

Issue 031 - Avoiding The Financial Nightmares

Holidays at the beach in January. Starts you thinking, doesn’t it? You look in the mirror and you say to yourself “wouldn’t it be great to be able to relax like this all day, every day?” After all, you’ve put in 30 or so years of hard work. So, you start thinking about retirement, but, you own and operate a small or medium-sized business. That business has been good to you, but...

How to say 'Adios' to your Bank Loans & Guarantees

Issue 030

How often do you have people telling you how lucky you are that you own your own business? If only they knew the half of it! Most small and medium sized businesses these days are heavily supported by bank loans or overdrafts. Then, there are always those times, when being in business feels like you’re living inside a pressure cooker. You know what it’s like. Customers put the squeeze...

Getting Pressured to Repay "Bank of Mum and Dad" Loans?

Issue 029

A recent report by the Australian government’s Small Business Ombudsman, Kate Carnell, indicated that more than 25% of small and medium enterprise loans are being funded by the parents of small and medium enterprise owners. The “Bank of Mum and Dad” is being forced to fund a significant amount of the loans to small and medium enterprises because of the credit crunch which has been...

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