Daily #20: The Right Foundations?

in life •  7 years ago 


Hi there,

Am having a great holiday but frankly couldn't resist getting an update out to you all here! I've been enjoying all the comments and conversations so much so keep posting and engaging...if you have any questions please fire away and I'd love to answer everything and anything.

If any of you have any good suggestions for relaxing to the max on holiday please let me know as I want my stay-cation to be the most relaxing as possible!

Have a great day otherwise and if you fancy it, please upvote and follow!

Laters!
J


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All good stuff Jonny. Plenty to think about and negotiate when setting up a business. Is this a new business that you're setting up in S Africa or the UK (or general musings)?

A few other points to throw into the mix: consider thresholds for share ownership in terms of ability to exercise control (51%) or special resolutions (75%) plus appointment as a director can hold quite a lot of weight - these apply in the UK, need to check local rules. Also, share options can be a neat way of incentivising employees with (future) shares, again subject to local rules.

Thanks again and keep them coming...

Cheers Steve, will defs do my research as hoping to set up a UK business to host all the software and tech side of things.

Appreciate the support massively!

You can enjoy a holiday in a sea or mountainous spring to enjoy the holiday

Ok

thanks for sharing! i will start following your exciting posts! Checkout my posts as well

Enjoy the Holidays my friend.

Thanks! I will do my best!

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