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Partnership /Shareholding Issues
Kwanini
#1 Posted : Wednesday, February 08, 2012 1:35:09 PM
Rank: Member


Joined: 1/28/2009
Posts: 353
Location: Cloud
There was a extremely well contributed thread that i just can't locate. Anyone kind enough to point me into the right direction? it dealt with how partners can share profits/losses, how to take care of a shareholder/director who is also in part time management while others are not.
"For i am the master and the captain of my fate"
mukiha
#2 Posted : Friday, February 10, 2012 10:07:42 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Part-time directors can be paid sitting allowances for meetings attended. Full-time directors are paid a salary. Silent directors wait for dividends at the end of accounting periods.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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