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How Companies Pay It Owners & Shareholders - Entrepreneurs - Business - Nairaland

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How Companies Pay It Owners & Shareholders - Entrepreneurs by Xperienx(m): 3:47pm On Feb 04, 2019
Please I would like to get advice from each and every fan of NL business forum.
I wantvto set up a company but due to insufficient capital, I have decided to get like 3 of my friends involved.
The fact now is, I want to make them shareholders in the company and not partnership. I have about 51% of the capital needed and they have raised 49% together.
So I would like to fully understand how this shares of a thing works, how companies pay it shareholders, devidends, how they still retain money for it development (like setting up other branches) and how capital account works.
I have little knowledge but still need more and i know am supposed to meet with an attorney but since I don't have any for now, your contributions put together would be far more helpful to me and others who wants to learn as well.
Just explain the little you can in any part of the question and we all learn. Thanks
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by sammyscholar(m): 4:29pm On Feb 04, 2019
Xperienx:
Please I would like to get advice from each and every fan of NL business forum.
I wantvto set up a company but due to insufficient capital, I have decided to get like 3 of my friends involved.
The fact now is, I want to make them shareholders in the company and not partnership. I have about 51% of the capital needed and they have raised 49% together.
So I would like to fully understand how this shares of a thing works, how companies pay it shareholders, devidends, how they still retain money for it development (like setting up other branches) and how capital account works.
I have little knowledge but still need more and i know am supposed to meet with an attorney but since I don't have any for now, your contributions put together would be far more helpful to me and others who wants to learn as well.
Just explain the little you can in any part of the question and we all learn. Thanks
here to learn
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by Xperienx(m): 8:44am On Feb 05, 2019
sammyscholar:
here to learn
Here we go
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by Xperienx(m): 10:38pm On Feb 05, 2019
Your ideas are welcome here
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by Xperienx(m): 10:09am On Feb 07, 2019
Mods can this be on front page for a while?
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by Brazzaville(m): 10:10am On Feb 07, 2019
.
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by appcloner: 10:55am On Feb 07, 2019
I like your question and post.. even I wanted to know how these uber clone apps work.
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by Xperienx(m): 12:29pm On Feb 07, 2019
appcloner:
I like your question and post.. even I wanted to know how these uber clone apps work.
oh good.... There are many threads which would provide an answer to your uber clone question here on NL just search. Meanwhile, our honourable business Bravos and entrepreneurs should keep their say on this thread coming.
Re: How Companies Pay It Owners & Shareholders - Entrepreneurs by emperorventure4(m): 7:42pm On Feb 20, 2019
since you have 51% you will take 51% of the profits while your friends takes 49% of the profits example if you make a 200k profit and decide to reinvest 100k and share 100k among each other then you will get 51k while your friends get 49k

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