The Board – Theory and Practice

As I noted in a prior blog: “You an have LLCs or Corporations, Listed and Unlisteds, Limited Liabilities and Partnerships, Limited Liability Partnerships. In France a quick Google tells me you can have SARLs, EURLs, SELARLs, SAs, SASs, SNCs. The list goes on and on. Spend too much time looking at it and you start thinking that maybe it's time for the Good Lord to send a new flood and wipe the slate clean so we can start over.” Of course that was a simplification as even in the US laws/rules vary from state to state as to exactly

Of the millions of small businesses in the UK the vast majority are not “businesses” per se but “company-wrappers” for individuals, sole-traders - be it butchers, bakers, candle-stick-makers or modern “consultants” - where in effect over a couple of decades MegaCos have got round the complex employment benefits and protection rights by reducing staff and then hiring countless “consultants” who don’t benefit from the many hard-won rights like sick-pay, holiday-pay and so forth. These “companies” are of course legal companies - the MegaCos won’t deal with people amongst other things due to this desire to keep away from employment