At that time, the company was registered to him, and I was the managing partner as an individual entrepreneur. and legal side of the business, and I created the company, thought out its ideology, its vectors of movement and development strategies. Why was everything done this way? I had no experience in creating and running a business, I was young and wanted to develop, to earn money.
Therefore, in 2016, everything started
With “trying”, and until 2018 we btc database worked, tried various hypotheses. In 2018, we legally registered the company. By 2018, the company already had a profit. It was small. I then withdrew my share, and the partner left, acting as the investor. When registering a legal entity, he gave the authorized capital, and since I did not understand what levels we would reach, I agreed that I should not join the founders and claim the authorized capital. He was my relative, and I trusted him, so I did not think about the importance of this issue.
Another important piece the accounting of advice for aspiring entrepreneurs: study the legal foundations of business and your area, your field.
We worked 50/50, sharing expenses and income equally, as befits equal partners
The combination of LLC and sole proprietorship helped us develop well. At first, we needed cash, and it was very expensive to withdraw from LLC at 20% tax. During the first five years of the company’s existence, the partner remained an inconspicuous figure for the company – not everyone even suspected of his existence.
Soon he began to understand that everything was working without him, and, probably wanting money and fame, some kind of recognition, he began to actively infiltrate the company. He began to show up at corporate parties and joint events – this was a smart move on his part, since the company at that time had already grown to such a scale that all operational activities were functioning without me. Much was invented the accounting Why invest in a strategic analysis for your business? and built to automatism, I just continued to think agb directory through the company’s development strategies and set the direction of movement. It was no longer based on my personal brand, as before. And if before I was sure that it would not last without me, then by 2023-2024 it was no longer so.