Regulation Crowdfunding (Reg CF) enables eligible companies (developers and business owners) to offer and sell securities through crowdfunding. And yet, before you can make an offer, it's important to understand the compliance basics.
At the end of 2020 Chapel ran a successful campaign on Vicinity’s portal to fund a multi-tenant facility in the Poe Mill area. For context, Poe Mill is a historically overlooked neighborhood in downtown Greenville. At face value, it might appear this project didn’t check the box for a “location, location, location” real estate deal; however, a closer look reveals the opposite.
Investing comes with one certainty: if you make a profit, it will be taxed. With that band-aid ripped off, we can still make this a positive conversation. After all, paying taxes on profits is still a preferable alternative to not making a profit. So let’s assume you’re in the money, and are curious what tax...
If you’re in the thick of raising capital, worrying about who’s running their mouth about your brand and what they’re saying might not be top of mind. Brand is something you can focus on after you secure the cash you need, right? While we’re certainly fans of staying focused, we think there might be a...
I recently saw someone post on social media about their momentous achievement of reaching “Accredited Investor” status. For context, that’s the financial equivalent of 10,000 Benjamins, 40 college degrees, a 3 year stay in a 5 star NY hotel, 4 Lamborghinis, or your very own private island. Amassing $1 Million in net worth is quite...
This week we’ve got buildings on the brain. Private real estate investing is hardly a new arena, but the rise of Crowdinvesting has CRE developers and investors feeling a little FOMO. Never fear, the Vicinity team is here to explain where Regulation CF fits into the world. TBH we haven’t been this excited about a collab since Aerosmith &...
The mass exodus of baby boomers from small businesses has been predicted for several years now. While the “tsunami” of boomer biz owners looking for the exit hasn’t happened, we may be in the early stages of that phenomenon. The WSJ reports that the amount of small businesses for sale is at a 6 year high, with...
Today we’re going mountain climbing. What mountains you say? Well, the small ones of course! Zeb Parsons, one of our recent podcast guests left us with a line we’ve been noodling on: “Climb the small mountains first & the big mountains later.” This got us thinking, as a business owner, how do I know I’m picking the...
We’re not saying this blog will cure your post-Olympic blues, but we do have something golden for you. This week we chatted with Alek Kocevski, a 20 yr Greenvillian originally from Macedonia, who is bringing an ancient Eastern European art form to life in the US. Golden Butterfly Studios is the only business in the...
“You’re special, just like everyone else.” Unfortunately, this is as true in business as anywhere. Specialize or die – in a world of investing options and democratized finance, that’s the challenge Vicinity welcomes “with aaaarms wide oooopen.” So what does make Vicinity special? The local asset class. Haven’t heard of it? That’s ok, we made...