Hey, guys! I’m trying to get together a new fencing society in Edinburgh, and I’m a bit confused about all of this company jargon. I’ve been told if you’re starting a non-profit you should form a company limited by guarantee, but nobody’s bothered to tell me why. So, does anybody know what a company limited by guarantee is? I’m just looking for a general outline to make sure I’m following the correct path, here.
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