As a self employed business owner I should definitely start billing us as “employee owned”.
I’m unaware of any tax avoidance advantages but I should ask my accountant (pretty sure he’ll say no though. :D )
I’ve actually considered various ways of assigning non-voting shares in the past as a way to grant employees some skin in the game without ceding control or permanently diluting ownership. It’s not a ‘startup’ in the HN sense so handing out shares willy nilly doesn’t make sense.
I’m unaware of any tax avoidance advantages but I should ask my accountant (pretty sure he’ll say no though. :D )
I’ve actually considered various ways of assigning non-voting shares in the past as a way to grant employees some skin in the game without ceding control or permanently diluting ownership. It’s not a ‘startup’ in the HN sense so handing out shares willy nilly doesn’t make sense.