FAQ

Profits will be reinvested back into the Society’s business, then any trading surplus will be split (by member decision at AGMS) to go towards both a community benefit fund and community shares interest back to members. We can tailor the business model to ensure that it reflects the goals and aspirations of the community. We can protect this vital community asset into the future, ensuring it always works with the communities best interests at heart, and delivers tangible and long-lasting benefits hence why we were established as a Community Benefit Society’.

Profits will either be reinvested back into the business, or will be donated to other local causes which provide wider community benefit. None of the management committee or members stand to personally gain from their involvement in the society, other than through the interest payable to all member shareholders.

The key difference lies in eligibility and the purpose each type serves:

• Type A shares are for individuals who live in or are registered in the Glenuig postcode area (PH38 4NG). This category ensures that the majority of shareholder members are locally based, which is a requirement of the Scottish Land Fund grant we’re applying for.

• Type B shares are for individuals outside the area, including those with strong ties to Glenuig – for example, people who grew up here, have family connections, or who regularly visit and care deeply about the future of the Inn.

This threshold was set to:

• Keep the number of non-local voting members manageable, ensuring local voices remain central to decision-making (as per funding requirements).

• Reflect commitment to the project while remaining as accessible as possible — for comparison, the Old Forge community buyout in Knoydart set a £10,000 minimum for non-local members.

We understand £2000 may be out of reach for some, which is why we’ve created a group investment option (see below).

Yes! If the £2000 minimum is a barrier, multiple people can pool resources together as a group to meet the investment threshold. Only one person in the group would be the official voting member, so ideally the group knows each other and can agree on a representative.

If you don’t yet have a group but would like to be considered for one, get in touch — we may be able to connect you with others who are also looking to form a group.

Absolutely. We warmly welcome people with personal or historical connections to Glenuig. While the Type A category is reserved for current local residents or those registered in the postcode, you are welcome to apply as a Type B investor.

If you'd like to chat more about where you might best fit, we’re happy to help guide you.

Potentially, yes. If additional fundraising is needed after this round, there may be further opportunities to invest — and we may be able to offer more flexibility around categories and investment levels in the future.

We understand that buying shares isn’t the right option for everyone. You can still support the buy-out by donating to our Crowdfunder campaign, sharing the project with your networks, or volunteering your time and skills. Every contribution helps bring this dream closer to reality.

We will be adding to this FAQ section over the next week while, but if there's anything we've not covered that you would like to know please get in touch! ​ Contact us here. You can also get in touch via our Socials - find us on Instagram, Facebook and BlueSky