[Free] How To Start A Cic (Community Interest Company)
This course will cover the principles of how to set up a Community Interest Company (CIC) – Free Course
What you’ll learn
- Which social enterprise is right for you?
- What is a CIC?
- Asset Lock
- Registering with the CIC Regulator
- The Community Test
- Other Compliances
- Bookkeeping and Accounts
- Marketing
- Fundraising
- To-do list
Requirements
- No experience needed. You will learn everything you need to know.
Description
Who is this course suitable for?
This course is designed for anyone considering starting a Community Interest Company (CIC). Whether you’re an aspiring social entrepreneur, a community organiser, or someone with a business idea focused on public benefit, this session will give you the foundational knowledge and practical tools to begin your journey.
Overview:
Setting up a CIC can be an impactful way to support your community through a sustainable social enterprise model. This course will guide you through the essential elements required to officially register and operate a CIC, ensuring you’re equipped with the knowledge to move forward confidently.
What You’ll Learn:
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How to determine the right type of social enterprise for your goals
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What a CIC is and how it differs from other business structures
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The importance of the asset lock and how it protects community assets
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Steps for registering with the CIC Regulator
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Meeting the “Community Interest Test”
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Understanding ongoing compliance requirements
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Basics of bookkeeping and financial responsibilities
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Marketing strategies for CICs
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Introduction to fundraising options and opportunities
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A practical to-do list to help you get started
