Proposal - Soilmagic Last changed: 2019/11/15 11:42
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SITUATION Project Name: soilmagic.com.au Initiated By: Rory Submission date: 2016SEP17 Approved: 2016SEP29, at AGM Background: As per paragraph 3 of Section 2 of Fat Bandicoot's Articles of Association (http://fatbandicoot.repeatbusiness.co/articles.html) Fat Bandicoot will provide services for a fee. The soilmagic website and brand are a vehicle to facilitate this Summary of proposed changes: For each soilmagic project, Fat Bandicoot will establish a bank account to receive payment for consulting services How will this proposal advance the objectives of the Association? By providing services for a fee, Fat Bandicoot can fund its other operations. What direct or indirect conflicts of interest does the initiating member or any other member have in this proposal? nil Will or might this proposal lead to the Association trading while insolvent? There are only small costs associated with the consulting work proposed What are the proposal's effects on other legal, reputational or financial risks? Consulting work is close to Fat Bandicoot's core competencies, and should be scrutinized to assure Committee members that the highest standards are maintained. TIMINGS What date would the proposed project begin? 2016SEP29 What date would it be in useful operation? 2016SEP29 What date would it be retired? indefinite RESOURCES Soilmagic will require a domain, a website, skilled labour and incidental expenses such as soil testing. The domain and the website will be donated by the project initiator, the skilled labour by the initiator, and the incidental expenses will be billed to clients. The project will require a bank account for projects by each participating member. The project initiator plus one other committee member with ten year privileges will be required to authorize transactions. What planned activities will the project require? Monthly checks and (if necessary) updates to the website. Approaching potential customers as required. What contingent activities will the project require? Various, as negotiated with customers. METHOD 1. Transfer website to Fat Bandicoot 2. Open bank account 3. ??? 4. Surplus! OUTCOMES What resources and knowledge will the project produce? The project will produce a financial surplus to fund other operations. It will also serve to develop skills and develop contacts Fat Bandicoot can use for other operations.
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Proposal - Soilmagic

Last changed: 2019/11/15 11:42

SITUATION

Project Name: soilmagic.com.au

Initiated By: Rory

Submission date: 2016SEP17

Approved: 2016SEP29, at AGM

Background: As per paragraph 3 of Section 2 of Fat Bandicoot's Articles of Association (http://fatbandicoot.repeatbusiness.co/articles.html) Fat Bandicoot will provide services for a fee. The soilmagic website and brand are a vehicle to facilitate this

Summary of proposed changes: For each soilmagic project, Fat Bandicoot will establish a bank account to receive payment for consulting services

How will this proposal advance the objectives of the Association? By providing services for a fee, Fat Bandicoot can fund its other operations.

What direct or indirect conflicts of interest does the initiating member or any other member have in this proposal? nil

Will or might this proposal lead to the Association trading while insolvent? There are only small costs associated with the consulting work proposed

What are the proposal's effects on other legal, reputational or financial risks? Consulting work is close to Fat Bandicoot's core competencies, and should be scrutinized to assure Committee members that the highest standards are maintained.

TIMINGS

What date would the proposed project begin? 2016SEP29

What date would it be in useful operation? 2016SEP29

What date would it be retired? indefinite

RESOURCES

Soilmagic will require a domain, a website, skilled labour and incidental expenses such as soil testing.

The domain and the website will be donated by the project initiator, the skilled labour by the initiator, and the incidental expenses will be billed to clients.

The project will require a bank account for projects by each participating member. The project initiator plus one other committee member with ten year privileges will be required to authorize transactions.

What planned activities will the project require?

Monthly checks and (if necessary) updates to the website.

Approaching potential customers as required.

What contingent activities will the project require?

Various, as negotiated with customers.

METHOD

1. Transfer website to Fat Bandicoot

2. Open bank account

3. ???

4. Surplus!

OUTCOMES

What resources and knowledge will the project produce?

The project will produce a financial surplus to fund other operations. It will also serve to develop skills and develop contacts Fat Bandicoot can use for other operations.

Show source / History