Getting it Right for Business- do you have the right structure for your organisation?

Thursday 2nd February 2023, 10am - 12pm

Online ZOOM session

£6

Book a place: https://www.eventbrite.co.uk/e/getting-it-right-for-business-tickets-482990887747

From time to time we are asked for further information about the different business structure options for school age childcare- there are a number to choose from, so which is best for your organisation? Why be a charitable/not-for-profit organisation rather than a private one, or vice versa? What level of financial protection or protection to board members/trustees do each of the structures offer? It can be difficult to know what is best or even if it is worth changing structure, so in this session you will hear directly from an experienced business advisor as well as real-life experience from services. Please note that if you operate as an Unincorporated Organisation, we strongly recommend you attend this session, as this is not a recommended business structure for school age childcare.

Speaker Colin McNally, Accountant and Business Advisor, will provide an overview of the different types of possible business structures: Scottish Charitable Incorporated Organisation (SCIO); partnership; Community Interest Company (CiC), and Company Ltd by Guarantee, private or charitable. This will then be followed by a discussion with services which operate using these different structures: KLAS Care CiC, Big Voices OSC, The Saturday Cafe, and Kids Insight.