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Forums » Startup Brings Faster Speeds to Rural Southwest » shareholders
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« Startup/ Southwest  

captain456

@gci.com

Re: shareholders

said by EPS See Profile :

Expenses include paychecks- you can have "no profits" if paying your salary wipes out your profit margin.
Umm you can't pay yourself salary. I'm sorry but you guys are ridiculously uneducated on the subject of business yet you love to throw out your uneducated opinions. If there are no shareholders than you cannot pay yourself a salary, that would be illegal since you cannot enter into a contract with yourself. If you are legally allowed to pay yourself a salary then that means there are shareholders. So your statement is null.
permalink · 2008-07-20 17:35:18 · Print · Reply to this
EPS

join:2008-02-13
Hingham, MA

Re: shareholders

It depends on how the corporation is set up, I suppose. And I think the term "shareholder" is being used very loosely here to imply being publicly traded, though I could be wrong.
permalink · 2008-07-20 17:41:41 · Reply to this

captain456

@gci.com

Re: shareholders

said by EPS See Profile :

It depends on how the corporation is set up, I suppose. And I think the term "shareholder" is being used very loosely here to imply being publicly traded, though I could be wrong.
If it's a corporation then theres at least 1 shareholder. And not it does not have to be publically traded. If there are no shareholders than it is not a corporation.
permalink · 2008-07-20 17:51:52 · Print · Reply to this
markopoleo

join:2003-04-02
Bonne Terre, MO

Re: shareholders

You must never of worked in your life, most people work for free. If you work from paycheck to paycheck then you are working for free. If you miss one paycheck and are in financial problems it means each paycheck you get.. you are working for free.
permalink · 2008-07-21 00:23:15 · Reply to this

captain456

@gci.net

Re: shareholders

said by markopoleo See Profile :

You must never of worked in your life, most people work for free. If you work from paycheck to paycheck then you are working for free. If you miss one paycheck and are in financial problems it means each paycheck you get.. you are working for free.
I really don't know where you are coming from. Just just because you work paycheck to paycheck does not mean you are working for free. That's your own mismanagement of life causing you to work paycheck to paycheck.
permalink · 2008-07-21 17:38:56 · Print · Reply to this
Forums » Startup Brings Faster Speeds to Rural Southwest« Startup/ Southwest  

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