What's new
By:
USCHO Fan Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.

TRP: These Ides Have Seen A Lot Of Loves...

Status
Not open for further replies.
Re: TRP: These Ides Have Seen A Lot Of Loves...

bigblue_dl said:
I'm not a business person, but I believe that answer is no. There are private corporations, Cargill is a prime example. It is a corporation but all of the shares are held tightly among the Cargill extended family, and generally never leave the shores of Lake Minnetonka.
Click to expand...
St. Clown said:
No. There are "private stock" placements, sometimes called "closely held" investments. These are most commonly involved when a family opens a business and then wants to include other family members into the ownership, or if people invest into odd things that aren't traditionally thought of as "securities," such as performing animals or real estate. We deal with the tracking of such investments in another department on the floor above me, but the analyst who supports that group sits just behind me. (Yes, we have a few performing animals tracked within our closely held operations group - an elephant, most notably.)
Click to expand...

Good to know, in case we wanted to get a performing animal for the bar. :cool:


I think that a cooperative corporation or an employee-owned corporation would better suit a USCHO-centric bar, though I haven't a clue what sort of legal folderol would be involved in that sort of enterprise.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

I think I suddenly have the rest of the week off.

I wish this meant that I did something awesome to tick this place off because I have something else lined up, but it doesn't. The remaining stores have merely declined the work scheduled for this week.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

Beer Pong Horn said:
Especially if you're drunk at the time ;)

I'm assuming this is what you've been talking about, but here's a question - if a corporation wishes to sell stock, must it be a public offering?
Click to expand...

bigblue_dl said:
I'm not a business person, but I believe that answer is no. There are private corporations, Cargill is a prime example. It is a corporation but all of the shares are held tightly among the Cargill extended family, and generally never leave the shores of Lake Minnetonka.
Click to expand...

St. Clown said:
No. There are "private stock" placements, sometimes called "closely held" investments. These are most commonly involved when a family opens a business and then wants to include other family members into the ownership, or if people invest into odd things that aren't traditionally thought of as "securities," such as performing animals or real estate. We deal with the tracking of such investments in another department on the floor above me, but the analyst who supports that group sits just behind me. (Yes, we have a few performing animals tracked within our closely held operations group - an elephant, most notably.)
Click to expand...
What they said. Another example is the company my husband owns. There are two stockholders, him and his brother, but they are still a formal corporation.

Beer Pong Horn said:
Good to know, in case we wanted to get a performing animal for the bar. :cool:


I think that a cooperative corporation or an employee-owned corporation would better suit a USCHO-centric bar, though I haven't a clue what sort of legal folderol would be involved in that sort of enterprise.
Click to expand...

Perhaps, but we are probably going to have investors who don't want to be employees and employees who aren't investors.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

I had a meeting scheduled for tomorrow night, then realized it was St. Patrick's Day.

Lucky for me, I'm in charge, so bye-bye goes the meeting. :D
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

legal_hit said:
Perhaps, but we are probably going to have investors who don't want to be employees and employees who aren't investors.
Click to expand...
Exactly. I'd be in the ownership group but have no intention whatsoever of doing anything there other than swinging by every so often to see what kind of service is being delivered to the customers.

There's also the question of how much people would have to commit to qualify as an investor / owner. I'd think that amount would be substantial, definitely in the 5 figure range.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

Bakunin said:
Exactly. I'd be in the ownership group but have no intention whatsoever of doing anything there other than swinging by every so often to see what kind of service is being delivered to the customers.

There's also the question of how much people would have to commit to qualify as an investor / owner. I'd think that amount would be substantial, definitely in the 5 figure range.
Click to expand...
I think I'd want the same kind of thing. I wouldn't want to work, because I wouldn't want to stop doing the work I'm doing now. The only thing I'd be interested in is being part of overseeing management, if I were to invest money, I would want to be part of the decision making process to some extent. Not day-to-day stuff, but major decisions.

5 figure is probably what it would take, looks like I'll need to start saving! I haven't been working long enough to put away that much, without dipping into retirement plan, which isn't happening.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

bigblue_dl said:
The only thing I'd be interested in is being part of overseeing management, if I were to invest money, I would want to be part of the decision making process to some extent. Not day-to-day stuff, but major decisions.
Click to expand...
I think most major decisions would be made in the start-up / pre-opening phase (choosing a layout / organizational structure / picking a manager / figuring out suppliers, etc). Once it's open, then it's more of a supply / personnel management situation and how to market the place to bring in more business. In addition to a legal department, we'd also need an accountant.
5 figure is probably what it would take, looks like I'll need to start saving! I haven't been working long enough to put away that much, without dipping into retirement plan, which isn't happening.
Click to expand...
Figure out a budget and stick to it. The best way to force yourself to save is to open a dedicated savings account (online banks are better than the traditional ones in terms of the rate you'll get) and set up an automated transfer to happen every time you get paid by your employer. If the money is automatically deducted from your day to day checking account, you won't even miss it.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

In case you haven't noticed....

it's Wednesday. :p

However, it's F5 Eve, and St Patrick's Day.

So, I say:

Sláinte chuig na fír, agus go mairfidh na mna go deo!
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

Bakunin said:
Figure out a budget and stick to it. The best way to force yourself to save is to open a dedicated savings account (online banks are better than the traditional ones in terms of the rate you'll get) and set up an automated transfer to happen every time you get paid by your employer. If the money is automatically deducted from your day to day checking account, you won't even miss it.
Click to expand...
Oh, I'm saving, I just haven't been working long enough to really build up much, and a bunch of my "extra" money is getting funnelled into my work's stock purchase plan, so instead of going into a savings account I'm piling up shares of the company's stock.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

Don't overload on company stock - you need a diversified portfolio so your future isn't too strongly tied to the fortune of a single company. The general rule I've read is to cap your investment in the company stock to 5% of your overall portfolio.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

Bakunin said:
Don't overload on company stock - you need a diversified portfolio so your future isn't too strongly tied to the fortune of a single company. The general rule I've read is to cap your investment in the company stock to 5% of your overall portfolio.
Click to expand...
I sell some of it off occasionally, and move it to my etrade account, where I am diversified.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

For whoever wanted a translation in my previous post,

"Health to the men, and may the women live forever."
:cool:
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/CbiP5IUPu8s&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/CbiP5IUPu8s&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>

Happy St. Patrick's Day everyone.
 
Re: TRP: These Ides Have Seen A Lot Of Loves...

I feel like I'm coming down with a cold. I do not want to get a cold two days before ECAC weekend (also featuring a swanky wedding with an open bar on Sunday night). Bah. :mad:
 
Status
Not open for further replies.
Back
Top