Crowd Sourced Funding Equity Raising – “House In Order” Required!

Accountant's Minute 199

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 good thing.”
  • “To put a Crowd Sourced Funding Offer Document together a company needs:
    • Well documented Business Plans,
    • Budgets and Cash Flow Forecasts,
    • A clearly defined “Corporate Vision”;
    • Understands its purpose;
    • Strategies and goals must be clearly defined;
    • A thorough assessment made of their customer base;
    • Identification of unique competitive advantage.”
  • “Just going through this rigorous process with your accountants can help clarify whether your company is ready to start raising capital or whether there is still some work to be done.”
  • “It’s really important for accountants and their clients to fully understand the pros and cons of Crowd Sourced Funding and the best way to get that is to begin with research.”
  • “The ESS BIZTOOLS’ website contains a lot of information and is a good place to get started.”
  • Companies will also require a business valuation to determine the number of shares to be offered and pricing of those shares.
  • All of this information is going to be required to facilitate the preparation of the Crowd Sourced Funding Offer Document.

Click here if you wish to learn more about Crowd Sourced Funding Equity Raising or go to our website: sourced funding/ learn more

If you have any question on any aspect of the services provided by ESS BIZTOOLS, please do not hesitate to contact us.

Come to our website to see our “40% Discount Promotion” for the month

Have a great day!
Peter Towers

Accompanying File:

Crowd Sourced Funding Equity Raising - House In Order [2019] (AM199).pptx

Do You Want More?

To gain an overview of what is included in the ESS BIZTOOLS’ icon goldGold Package. Please contact us for further information.

To download free material click the link below:-

Download this Week's Free Report

Watch out for the next episode of "Accountant's Minute" or subscribe to the podcast on iTunes for more news, ideas and tips on providing outstanding non-compliance services to SME clients.

Podcast Accountant's Minute

Episode 199 - Crowd Sourced Funding Equity Raising – “House In Order” Required!

Latest business advisory news for Accountants in under a minute.

As their trusted advisor, can you assist your SME clients with business advisory services?

Download Podcast in iTunes

Crowd Sourced Funding Equity Raising – “House In Order” Required!

Affiliates Wanted

Become an affiliate and earn additional income.
ESS BIZTOOLS is conducting a series of product campaigns for sales of products/services to accountancy businesses, business consultants, advisers and bookkeeping businesses.
We are happy to extend an invitation to an affiliate to participate as a supplier of services in promotions to our subscribers. If you are interested in this, could you please contact us?
We have launched the ESS Small Business website which is primarily targeted at small/medium companies and enterprises as well as not-for-profits, charities, sporting and social organisations.

Contact Details

12 Eclipse Street, ROWES BAY, QLD 4810
(07) 4724 1118
Toll Free: 1800 232 088

Latest Accountant's Minute

  • Research & Development Could Be A Positive Outcome From COVID-19
  • Impact of COVID-19 and Financing  of Businesses
  • It's Accountants' Time to Shine