Originally Posted by
Blackmac79
You have a decent point here, however this could be circumvented through the private/business ownership group agreeing to cover any shortfall in return for any future profit. It's not ideal, but the community sector just doesn't have the ability to get that kind of money together for creditors in time. This was one of the major hurdles when I was proposing the idea a few years ago. The initial capital required to set up the above is too great for it to be solely community driven.
This is why the now refusingtoeverdobusinesswiththeFFAeveragainpersonw hoshallnotbenamed was so great. He was willing at one stage to stump up the required capital short term, and would then make that back through selling the smaller, more manageable stakes to bussiness and community. Sadly, him, and I both got trod on.