The state provides loans to businesses for resuming operations and for expenses related to the borrower’s business activities. The funds issued are not earmarked; they can be used not only for wages, but also for the repayment of other loans and other purposes.
There is a limitation: the issued funds cannot be used to pay salaries if the amount exceeds the specified amount in the employment contract; spend the loan on the payment of dividends, buyback of own shares or shares in the authorized capital, charity. Continue reading
The inclusion of a management company in the legal business model is a common phenomenon. As a rule, the management staff of a business is one and it is impossible to divide it between companies. This always leads to the need to search for such a management option, when the owner retains control and influence both on the entire business as a whole and on any of its segments. Despite the economic independence of each subject of the group. This is how a common management company appears. But, as always, important nuances cannot be dispensed with. Continue reading
Increasingly, we are faced with a request from business founders: we want to give top managers shares so that they receive a percentage of profits and are associated with the company with long-term interests.
Thanks to world practice, Google and Facebook for illustrative examples of such motivation.
However, often in such a request there is an illusion … an illusion of hopelessness for the very top manager whom we want to motivate. Continue reading