Company Structure In A Glimpse
Company Structure In A Glimpse Ever heard about a Private Limited Company? You probably haven’t. A Private Company limited by shares is owned by shareholders (better known as subscribers ) with limited liability. As long as it remains private, its shares may not be offered to the general public, unlike those of a Public Limited Company. [I’d talk more on liability in a subsequent post] I’d provide a structure of how the company hierarchy should look like: Let’s talk about some key positions here. We’ll begin from the employees- up: · Employees: These are persons employed for wages or salary, especially at non-executive level. While some are permanent, others are casual, apprentices/trainees, hired, or any other kind of employee(s). · Investors: These are people or entities that allocate capital with the expectation of...