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Legal Structures Checklist and Guidance Resources: Questions: Investment/growth Over the next 5 years how would you like to grow? What size organisation would you like to be? What investment might you need to achieve this? (debt finance or equity investment) How much will you need? Ownership Who needs to be an owner of the business? (now and in the future) How would you like others to be able to input to your business? (these could be shareholders, non-executive directors or directors) How would you like to pay yourself (and other owners) of the business? (through profits and/or salary, or just salary?) Liability How much liability are you willing to accept? How much risk are you willing to accept? Social mission lock What would be the best form of mission lock for you? Social mission statement in articles, none at all, CIC etc? What did Purpose.ly suggest? What would you like a social mission lock to do? (e.g. demonstrate your commitment, cap profits etc) **Grants ** Who are your ideal grant funders? What legal structures do they require?

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Downloadable Resources