Running a business isn’t just about making a profit; for many entrepreneurs, it’s about creating positive change and giving back to the community. If you’re operating as a limited company and are considering how to make your mission more impactful,… Read More ›
CIC
Leadership with Purpose: The Responsibilities of a CIC Director
Running a Community Interest Company (CIC) isn’t just about profit or private gains; it’s about using business to benefit the community. CICs operate for the public good, and at the heart of these companies are their Directors. These leaders have… Read More ›
Unlocking Efficiency: 10 Compelling Reasons to Outsource Payroll for Your Community Interest Company
In the vibrant realm of community interest companies (CICs), every resource plays a crucial role in advancing your mission. Among these, efficient payroll management stands out as a linchpin for organizational success. However, handling payroll in-house can prove daunting, diverting… Read More ›
CIC articles of association
We get this question a lot: Does a CIC need articles of association? The short answer is yes. The long answer is… part of this blog. Let us walk you though what you need to know. The two primary documents… Read More ›
Does a CIC have to have an asset lock?
Are you a prospective Community Interest Company (CIC) or current CIC director looking for answers to whether your organization must have an asset lock? If so, this blog post is for you! Overview of the Purpose of a CIC and… Read More ›
What is a community interest company – and how do you set one up?
What do you need to set up a CIC? A community interest company (CIC) is a business setup to deliver value to the community, not simply profits to shareholders and owners. A CIC is more than a business to help… Read More ›
Filing CIC Accounts: Guidelines for Community Interest Companies Accounts
Filing an annual report means facing a dedicated deadline that many struggle to plan for. Between wrestling with the details of what needs to be filed when the filing needs to be complete, and how much time the report compilation… Read More ›
The Benefits of Forming a CIC Over a Charity
Like so many things that a person sets out to build, the underlying structure and intent combine to create the final form. Some structures will help one aspect of the organization and hinder others. No structure is perfect and everything… Read More ›