I'm currently in a tough cookie situation as to picking the ideal candidate for my company. There are two final candidates to consider, and I need advice as to which specific candidate would be the most optimal for the growth of my company.
A little bit of context:
The company I work for is Food ABX, and what we essentially do, is sell an opulent amount of food to many of our distributors.
We've recently opened a branch of our company out east in the country, and in that particular branch, there are currently three Food ABX representatives:... Comment too long. Click here to view the full text.
>>1083680 Mechatronics 2nd year here, mechatronics is a lot about putting existing technologies together to create solutions, where I study mostly in the industry field. So we focus on automation, making robots and such.
I also want to start my own business someday, and the advantage I have is that I can build my own machines. So when I create/find a product that I want to produce and sell, I can make a factory that's fully automated.
I did electrical engineering for a year, but quit because it wasn't... Comment too long. Click here to view the full text.
It's official: the 2nd wave tech/cloud bubble was in fact real and is popping. How does /biz/ think this will turn out?
>companies will try everything to convince shareholders to retain their shares and will focus little on improving profits >all tech companies with a service-based model will crash and many with recent IPOs will become delisted
If my company / product can be launched out of my own pocket (300-500usd), should I still try and make a kickstarter?
I'm thinking it could help cover the first costs even if it fails, and would also provide a 'free ' market test. Maybe even get some people hyped up for what I want to sell.
Only downside. I can start it up as a one-man army for now. I don't have a good camera though, only a good microphone. I could contact one of my old friends who would be hyped to make a kickstarter / startup with me, I could just pay him a flat amount after... Comment too long. Click here to view the full text.
If you set up an LLC in Dubai and don't repatriate the funds to the EU you should be fine. As I mentioned before though, consult the laws of the country you live in. They can take very different ideas of what is considered income and when you have to pay taxes on what.
>>1083643 Do you know where I can find out the protections for my unregistered trademark? Some asshole is starting ot use my companies name in a way that can cause confusion between our two businesses. I've registered my company about 2 years before he started and he hasn't even registered a company. I haven't filed for TM registration with the gov though.
I can find online that I stil lhave protections as an unregistered trademark but I can't find information on what they are.
Do I have legal... Comment too long. Click here to view the full text.
IDK about the legality but just call the guy and ask him to stop.
If that fails then call a lawyer and ask him to draw up a letter of intent. It is usually $100 - $200. Then have that lawyer send a letter to the guy. 90% of the time, the guy buckles and does what you need.
A "letter of intent" is basically just a legal jargon heavy letter from a lawyer that tells a guy you intend to sue him if he does not change what he is doing.
What's the deal with trust fund kids? They're like unicorns where I come from, and I'm curious.
Do they get access to the trust until they get a professional job or a position in the family business, until the father dies, or until a certain age?
What's their typical income from the trust, and how often are payments made?
I get the impression the funds are partly to teach rich kids the value of money, and partly to rein their spending in, so is there a big discrepancy between their trust fund lifestyle and what they grew up with?
Lastly,... Comment too long. Click here to view the full text.
>>1083554 I had a trust fund. It contained about 80K at its peak and I paid for my engineering degree with it. I'd assume my family was at the lower end of wealth for setting up a trust fund. I think it's mostly so kids who get given money by their parents don't do anything too silly with it.
I know a couple of them - one works for the family business, parent passed away. he gets dividends like the other owners of the business/group and obviously his salary/bonus/whatever from working there...
basically his stake in the business is owned by a trust
on the other hand the other guy I know has a much smaller trust fund - the trust owns a small portfolio and a property that is rented out... he and his sister get an income from that though at best the whole thing is worth only a high six figure... Comment too long. Click here to view the full text.
>>1083554 Trusts are a complex legal device, and there is little uniformity among them. They vary according to the wishes and needs of the people who create and fund the trusts.
The kind of trust you are generally referring to when speaking about "trust fund kids" are known as spendthrift trusts. They are designed to give the beneficiary limited access to the trust income and assets, and thereby protect the balance of the trust from both (a) poor spending decisions by the beneficiary, and (b) creditors of the... Comment too long. Click here to view the full text.
Me and my friend are going to start investing in low-risk ETF funds, real estate, forestry companies and other low-risk investments. We're trying to experiment with compound interest and see how we'll end up if we keep adding some money every month to an existing portfolio. We're probably not going to sell our stocks for at least 10 years, only buy more when the stock falls. What's the best way of setting this up? A joint account? Maybe open some sort of company? If so, what's it called? Keep in mind that we don't live in the States.... Comment too long. Click here to view the full text.
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