Entreprise structures"Obtain a yield." Permaculture Principle
Obtaining a yield is essential for a sustainable enterprise - whether it is set up as a for profit organisation or not for profit organisation. At Ludwig Lawyers, we make sure that you select the most appropriate entreprise structure for your new enterprise. Make sure you talk to us before you start your new enterprise or not for profit organisation to ensure that you have put the necessary formalities in place so that you not not pay any unnecessary fees and taxes, to adequately limit your liability and to maximise your yield. Your individual circumstances will dictate what enterprise structure is the right fit for you. We will draft the relevant documents for you. We provide advice on:
Contracts and your brandAt Ludwig Lawyers, we can assist you in all business matters relating to your enterprise. We can draft and amend contracts, assist you in complying with legislative requirements and help you protect your brand by applying for trade marks and domain names.
Charitable fundraising"Use edges and value the marginal." Permaculture Principle
Charities play an important role in Australia. So many people rely on the generosity of their fellow humans, for no fault of their own. We should never forget that the homeless person in our doorway has one day had a similar life to ours, but some calamity has struck that no longer allows him or her to fit in. In particular in a political environment where governmental welfare is being more and more reduced, our fellow humans sometimes have no option but to rely on charity. We can advise you on legislative requirements for your charity and your charity's fundraising activities. Remember that you may need a charitable fundraising licence for some of your activities. Applying for grants and relevance of DGR statusOur Federal Government, State & Territory Governments and Local Councils have many different grants on offer. Charities in particular often rely on grants to allow them to conduct their charitable activities which do not make them any money. Some grants require a charity to have DGR (Deductible Gift Recipient) status to apply.
At Ludwig Lawyers, we can advise you about the legislative requirements of obtaining and maintaining DGR status. Come and meet with us early as the purposes you choose and set out in the charity's constitution are of importance when it comes to DGR status availability. Crowd-fundingCrowd-funding is a fun way for your social enterprise or charity to sell your products and services before they are being produced and offered. If you create a compelling story, make a clever video and distribute it amongst your network, you have a good chance of getting a lot of financial support.
At Ludwig Lawyers, we can answer any legal questions you may have regarding the crowd-funding process and contractual relationships you enter into. Equity-fundraising, inc equity crowd-fundingIf your social enterprise has chosen the for profit structure of a private shareholder company (commonly referred to a company or corporation), you can raise capital through equity fund-raising.
Chapter 6D Corporations Act 2001 provides the legislative framework for equity fund-raising, which is complex and can be rather daunting. To get a prospectus drafted is very costly and can be prohibitive for a small start-up company. Depending on the amount of equity you wish to raise, the legislative requirements may be less strict. In recent years, there has been a push for legislative change to allow crowd-sourced equity fundraising. In Australia, the now resolved CAMAC made an inquiry into how this could be best achieved. CAMAC published the following two document:
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Contact Ludwig LawyersTo find out more, please call us on 0410 583 550 or send an email to info@ludwiglawyers.com.
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