WEEKLY REFLECTION: Most capital raising from SMEs start with Section 708
Business Advisory Services Update
The 20/12 rule known as the ‘Small Scale Offerings’ has been a great source of capital for thousands of SME companies for about 40 years.
Advertising and marketing this type of capital raising is not allowed. However, the client can use their website and news releases to share updates on new projects, successful government grant applications, and new team members to build community awareness.
This type of communication can inform persons who may express an interest in obtaining additional information and ultimately, could become a person who has indicated their interest in share offers that the company is making.
Communicating with the company directors is important as this will provide a clear understanding of how the ‘Small Scale Offerings’ process can really assist small companies to raise capital.
ESS BIZTOOLS has developed a product package on all aspects of the utilisation of Section 708 for capital raising purposes. To find out more, contact us on 1800 232 088 or email .
