Monday, 19 July 2010

CIC or Ltd company

BIRKENHEAD, UNITED KINGDOM - NOVEMBER 17:  A w...Image by Getty Images via @daylife

so if we are not being funded by the council after 8 years of hiting our head off the wall ...meetings...presentations...and so on ...and we are not being fundd by trusts because they are nervous of our involvement in enterprise ...is there any point being a charity ...if we could make enough money in ... say a community interest company...then we could support the causes we fight,,,without applying for grants...monitoring , reporting and justifying...but then again if we were a ltd company ...just an ordinary on then we could decide to profit share ...when we feel we can ...it would be like teh old philanthropists model...question of course is ....are we going to make a profit that can run our organisation ...currently we have 135 people with special needs who come every week which needs financed every year to the tune of £55 K ...so are we going to make that.......????  xx
Malaekahane State Recreation AreaImage by Shayan (USA) via Flickr
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