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Re: So I got thinking after seeing this...

Posted: Tue Feb 14, 2017 9:53 am
by Leeward
I thought it was pertinent to my point about the prevailing ego problem, but whatever.

Okay fine so maybe the forum, podcast, and convention aren't technically affiliated with each other, but they are still effectively the de-facto representative entities of the fandom in SA, and have a lot in common especially when it comes to who's in charge. That doesn't detract from my claim that it's an extremely ambitious and presumptuous venture at all.

Re: So I got thinking after seeing this...

Posted: Tue Feb 14, 2017 11:43 am
by Erdwolf_TVL
I'd support this venture just for the sake of supporting those who are willing to try and make it work.

"Fortune favors the bold."

The only thing I would do differently is to put the management of the con into a Section 21 (non-profit) company for tax benefits and to handle decisions and finances in a more structured manner. IE, draw up a constitution, establish a quorum, have meetings, etc. However this is not everyone's cup of tea and is by no means a determining factor of the con's success.

I certainly don't have the time to volunteer for this. With the two kids I need to book bathroom breaks in advance :)

Re: So I got thinking after seeing this...

Posted: Tue Feb 14, 2017 12:38 pm
by Valerion
Erdwolf_TVL wrote:The only thing I would do differently is to put the management of the con into a Section 21 (non-profit) company for tax benefits and to handle decisions and finances in a more structured manner. IE, draw up a constitution, establish a quorum, have meetings, etc. However this is not everyone's cup of tea and is by no means a determining factor of the con's success.
We have actually discussed this extensively, and we do want to make this happen. However, establishing a Chapter 21 NPO is extremely expensive, and we don't have revenue to justify that yet. But yes, that is the ideal.

Re: So I got thinking after seeing this...

Posted: Tue Feb 14, 2017 8:26 pm
by Raven Song
it also has it's risks, my mom set up a portion of her ballet company as a chapter 21 NPO and when SARS found out she also works for another ballet company (something she'd checked with them before registering) they tried to double tax her other company earnings :(

Re: So I got thinking after seeing this...

Posted: Tue Feb 14, 2017 8:39 pm
by Franky
RavenSong wrote:it also has it's risks, my mom set up a portion of her ballet company as a chapter 21 NPO and when SARS found out she also works for another ballet company (something she'd checked with them before registering) they tried to double tax her other company earnings :(
The reason why I couldn't be involved further with a pty lmtd behind my name. That and the move and chaos in my job and everything.

Re: So I got thinking after seeing this...

Posted: Wed Feb 15, 2017 8:35 am
by Erdwolf_TVL
@Franky, @Ravensong, all valid. In the end, I guess Section 21 or company is only going to work if there is a pot of money to manage. Might take a few years, but I'm sure we'll get there!

I own a Company, though it is for different reasons. A bit more paperwork, but otherwise it's been working quite well to separate my personal endeavors.