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We're (co. A) setting up a business with another existing (co. B); it has been proposed that main shareholders in new co. (co. C) will be the existing co.'s (A & B).
I am familiar with a simple ltd. co. structure with Real People as shareholders; are there any specific risks and complications...
Can you also make payments out of his account?
You would generally think fathers and sons would have a level of implicit mutual trust - unless you had read Sophocles...
Situation that has become a bigger problem with recent trading, and I cannot find an obvious solution though I am sure we are not the only business with this requirement :
Notification or visibility to staff of payments received from customers.
This will allow staff to determine if a CoD or...
Hello. Been away a bit, looking for some advice, hope this is still the place.
Mysefl and a business partner (BP) - I own 1 ltd. co., have 40% of a 2nd business (BP has 60%).
Considering starting a joint venture with a 3rd person - events operation which we will all contributre to (through...
Struck me the same way. Must be preceded by a full-and-frank discussion to ensure you both understand and agree to the new arrangement, and that there are not ulterior motives or hidden resentment lurking. And followed by new written legals.
Splitting seems fraught with problems.
You certainly can do it yourself; I have done several, though not for beauty salons, so I cannot give specific advice.
Read here and eslewhere to help with specifying the Class correctly.
Don't worry too much about the terms; do think about what you will (and ought to) do about defending the...