Bringing a new product to market requires having the upfront capital to drive the launch forward and many have begun to utilise crowdfunding to achieve this.
Crowdfunding is a non-traditional, alternative method of raising finance, which is popular amongst start-up companies and businesses in the early years of their lifecycle. Those who require capital to bring new products or services to market can utilise crowdfunding to get their business up and running quickly, and at Champion Accountants, we’re experts in helping you through the process.
Before making a crowdfunding application, we’ll get to know your business, your short- and long-term objectives and recommend the best platform for your needs. We’ll assess whether you’re eligible for Enterprise Investment Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS) tax relief, support you with developing your business plan and help forecast your potential future revenues.
Whether you’re new to crowdfunding or are part way through an application, we can act as a one-stop-shop to support you through the process, delivering the following services on your behalf:
- EIS/SEIS assurance
- Business planning and forecasting
- Pre-transaction support, including capitalising director’s loan accounts or dealing with pre-emption share issues, etc.
- Post-transaction support, including assisting with reviews of Articles of Association and preparation and drafting of resolutions, minutes and share certificates
- Research and Development (R&D) tax relief claims
Then, once your raise is completed and successful, we can continue to support you with our variety of bookkeeping, payroll, management accounts services and more.
;
