Company directors and officers will require advice on how Crowd Sourced Funding operates including:
Accountants/business advisers are well placed to be able to supply these services to SME companies.
The ESS BIZTOOLS’ Crowd Sourced Funding Equity Raising Package will assist you to deliver an outstanding professional service for your clients.
A new opportunity for small/medium enterprises, inventors and entrepreneurs has emerged with the passing by the Australian Senate of the Australian government’s Crowd Sourced Funding Amendments to the Corporations Act.
SMEs and others now have three distinct opportunities where they can raise capital from the public without producing a prospectus. These opportunities for capital raising are
The opportunity to raise capital utilising Crowd Sourced Funding has been a dream for many SMEs, inventors and entrepreneurs over recent years. Whilst there has been some criticism of certain aspects of the legislation thousands of small/medium enterprises, inventors and entrepreneurs are expected to avail themselves of the opportunity to raise capital in this unique fashion.
Most of the entities seeking to raise capital using the Crowd Sourced Funding process are expected to be small/medium sized businesses. These types of businesses are traditionally the clients of small to medium-sized accountancy businesses all around Australia. Small/medium sized accountants who gear up for the opportunity of being able to service this new emerging market will be able to create a significant “new income stream”.