I have never done anything like this before but was offered to invest in a company which unlike a lot of them in the current climate is doing reasonably well.
I would own 35% of the company. However I am a bit clueless. What does this mean for me?
-What protections can I put in place for my investment - if any?
-What responsibilities will I have?
-How would this affect me then regards to being self employed?
-Would that mean I am self employed or just own 35% of a company?
-What way am I expected to deal with tax, would the companies accountant look after things or would I be expected to have my own accountant?
I am not jumping in the deep end without knowing anything, I know the type of business they are involved in and how it works its just when it comes to companies and that sort of thing I am a bit clueless. Any help is appreciated.
I would own 35% of the company. However I am a bit clueless. What does this mean for me?
-What protections can I put in place for my investment - if any?
-What responsibilities will I have?
-How would this affect me then regards to being self employed?
-Would that mean I am self employed or just own 35% of a company?
-What way am I expected to deal with tax, would the companies accountant look after things or would I be expected to have my own accountant?
I am not jumping in the deep end without knowing anything, I know the type of business they are involved in and how it works its just when it comes to companies and that sort of thing I am a bit clueless. Any help is appreciated.