| Comment | I guess the business model is there. One good thing about a pub is the business model is fairly simple! There's even room for improvement at the Laurieston with zero loss of character (for example, it could move from being a 'stub' pub to finding investment to building above the building - as it would have been in the past).
But anyway - in terms of running the pub...
The way it'd run I suppose, is that the 1000 investors each get an initial vote, and select a small committee (5 people let's say) who would be empowered to run the pub as any private group of investors would.
Over the long-term, I would suggest that each of the 1000 investors would be guaranteed some sort of return (let's say of 25% or 50% over a long(ish) period - so like £1000 or £1200). Once everyone is paid back the pub transfers to community ownership (a CIC or charity) and the employees are paid a percentage of the profits... the rest is put back into the business (for aforementioned improvements) or put towards 'good' projects.
I've had to type this quickly. But the beginnings of a plan there! |
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