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Posted: 24 July 2019

Crowd Sourced Funding Equity Raising – Accountant’s Role – Assisting a Company on the Journey

Empowering SMEs (Issue 042)

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 including:

  • An explanation of the Intermediary’s role, duty, responsibilities and powers
  • An overview of the Intermediaries that have been appointed by ASIC
  • Assistance in conducting meetings with a number or all of the Intermediaries
  • Assistance in the appointment of an Intermediary
  • Most companies will require a significant amount of assistance from an accountant in the preparation of the Crowd Sourced Funding Offer Document
  • Company directors and managers will require guidance on how the listing process on the Intermediary’s website operates
  • Advice on the processes required at the end of the capital raising (hopefully a successful capital raising) relative to the preparation of the return of allotment of Crowd Sourced Funding Shareholders to be submitted to ASIC and the preparation of share certificates
  • Many companies which raise capital as Crowd Sourced Funding Equity Raising Companies will require a part-time or virtual Chief Financial Officer

Click here if you wish to learn more about Crowd Sourced Funding Equity Raising or go to our website: www.esssmallbusiness.com.au/crowdsourcedfunding/learnmore.  We have discounted our Crowd Sourced Funding Equity Raising Products by 40% for the month of July 2019, please click here to view our special.

If you have any questions, please send an email to peter@essbiztools.com.au or telephone Peter on 1800 232 088.

Peter Towers

Crowd Sourced Funding Equity Raising – Accountant’s  Role – Assisting a Company on the Journey

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