Hi I am writing for some advice in relation to setting up a social enterprise. We have a committee who are divided into 2 schools of thought as to how to proceed. We are a charity based in Northern Ireland and we are in the process of developing three new social enterprises. We are aware of the route of setting up a company limited but guarantee owned by the charity but operating independently as a business, but some of our committee are also interested in having the enterprises remain within the charity as a whole. Am I right in thinking that this method would impact upon the charities ability to apply for funding, tax and upon the accountability of the management committee in the event of failure? I really need some information to take back to the committee which will give them all of the facts enable them to make an informed decision.

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