Hi! I can understand everything you say!. Can you please tell me if I can set a CIC for making a business to compete with foreing companies that takes money out of the country and also they charge too much?. I want to buy one of your plans but first I need to know if I can create a CIC or maybe a limited company. Cheers!
Hello and good morning thank you for the video. I am opening a CIC and unsure who I can use for directors. I would be super grateful for some help. Thanks George
Can I pay myself a wage? I’m struggling with doing a voluntary constitution. I’m working full time for free and it’s killing me off. Also can my step dad (same surname) be a director? Because he’s really good at this stuff but I was told we couldn’t get grants because we have the same surname?
He’s classed as a related person he can be a director but you will need another unrelated. Two unrelated people need to be on bank and sign forms. Yes you can pay yourself a wage if your delivering work. See my video on paying yourself 🫶🏼
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cool, Ill get on your course. Thank you for the information
Luv and addict to your channel, you’ve helped me soooooooo much through these so Big Big Thank you!!!!!!!???!???
What’s the next video you want me to make. Give me some questions or topics? ❤
Thank you! Very helpful and looking to buy the course too!
Great message me on my website and tell me your cic idea 🫶🏼
Thank you 🤩
Hi! I can understand everything you say!.
Can you please tell me if I can set a CIC for making a business to compete with foreing companies that takes money out of the country and also they charge too much?. I want to buy one of your plans but first I need to know if I can create a CIC or maybe a limited company.
Cheers!
Hello and good morning thank you for the video. I am opening a CIC and unsure who I can use for directors. I would be super grateful for some help. Thanks George
Hello and good morning I need one more director for my business and not sure why I can find one. Any help would be great. Thanks
Hi, thanks for the video, do all directors need to be guarantor and do they need to have significant control? Thanks Ste
No just one but all need equal voting rights
@@kexx_communityartist thanks so much for your reply, I had our first application rejected so I’ll be resubmitting a new one this week
Now i'm confused, on the lottery website it states non relative to apply for funding
Two unrelated people to sign the lotto grant yes. You can have relatives on the cic as well but two related people can’t sign
I dont have anyone else to add as a director apart from myself is this still going to be a problem?
It’s ok to set up as you and you can do community work but grant funding will require 2-3 unrelated directors 🫶🏼
Can I pay myself a wage? I’m struggling with doing a voluntary constitution. I’m working full time for free and it’s killing me off. Also can my step dad (same surname) be a director? Because he’s really good at this stuff but I was told we couldn’t get grants because we have the same surname?
He’s classed as a related person he can be a director but you will need another unrelated. Two unrelated people need to be on bank and sign forms. Yes you can pay yourself a wage if your delivering work. See my video on paying yourself 🫶🏼
Hello and sorry to bother you. Where on the CIC forms do you put the directors? Thanks George
Checkout my course “how to set up a cic and get funded in 4 month’ to help you with your forms www.Kexx.co.uk
I don't want to register a CIC at my home address what other options are there?
Yes you can use a virtual company at a fairly low cost. Or if you have a friend with a business you could ask them 🫶🏼
Does 1 of the directors have to be a relation ? or is it ok if they other 2 are not related to you ?
At least two unrelated sometimes three unrelated is needed 🫶🏼
Do you need to pay rest of the Directors from the account?
You can’t pay directors unless they do actual work on a cic project. See more of my videos on pay 💰
Thank you. I hv already subscribed to the paid program. It is really helpful
CIC articles of association f6r0