Cheolsu Saves the World - Chapter 38
Read manhwa Cheolsu Saves the World
Comments for chapter "Chapter 38"
Subscribe
4 comments
We will be glad to hear your comment!
I’ve just thought of something, from the Pandora papers we’ve learned of a robust and effective yet a simple corporate structure, basically once a company becomes too big it’s not a good idea to be a shareholder as just a natural person because once the company is sued or possibly taken over (like the mc) you lose everything.
So setting up a holding company(Shell company) to be the shareholder is the best precaution to these types of scenarios, basically you could have the holding company own all the warehouses and the important infrastructure so when the operation business goes down it can just declare bankruptcy or leave it be taken over since it doesn’t own anything of value, the holding company does, then you can go ahead and comfortably start up a new business easily without starting from scratch. What happens if the holding company gets sued you ask? Well the thing is a holding company is far less likely to get sued than an actual business because it doesn’t do anything other than own things ,it doesn’t create products, enter contacts or employ people, so you can have it completely on lock if it’s privately owned.
And if you want even more financial security you can have the shell company be owned by a trust which is even better.
Tldr; if the mc studied just a little bit about finance before becoming a founder of a mega corporation all of this could’ve been fucking avoided