What is a sleeping shareholder?
In a small firm with two directors could one director be a sleeping shareholder, if so what are the strengths and weakness of each position. Is there any advantage in being a sleeping shareholder/director.
Answers:
Hi,
basically it's someone who owns (usually a large share) a portion of a business, but doesn't make any decisions about how the business is run.
i guess this means if you're a director, you wouldn't really be a 'sleeping' partner.
The real advantage are that you don't have to do any work to reap benefits, just put up the cash.
Any of 5 dragons.
There is, that you get paid for doing nothing just invested your money !
he has got shares (money)in the company but he does not interfere with the running of it
The one who doesnot particate or contribute to the day today running of the business.
What should i do about her?
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Answers:
Hi,
basically it's someone who owns (usually a large share) a portion of a business, but doesn't make any decisions about how the business is run.
i guess this means if you're a director, you wouldn't really be a 'sleeping' partner.
The real advantage are that you don't have to do any work to reap benefits, just put up the cash.
Any of 5 dragons.
There is, that you get paid for doing nothing just invested your money !
he has got shares (money)in the company but he does not interfere with the running of it
The one who doesnot particate or contribute to the day today running of the business.
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