View Full Version : Anyone know anything about business management structures?
MisterTommyH
05-12-10, 12:29 AM
As the title says - Does anyone have much knowledge of management / board structures, and wouldn't mind giving some advice / education via PM? :confused:
Get out while you can, don't sign anything in blood!!!!!!!!!!
Can you be a bit more specific as to what you require?
If I was to answer your question I would need books:)
-Ralph-
05-12-10, 10:26 AM
Can you be a bit more specific as to what you require?
+1
I know that they don't really represent how people actually communicate / make decisions in reality! ;)
MisterTommyH
05-12-10, 02:11 PM
Really more definition on what a director is, and an associate director etc. Within a small limited company. What are the responsibilities and risks. Do you have to buy in, what are dividends etc. Also what is 'young' for an associate?
gruntygiggles
05-12-10, 02:14 PM
What industry?
...so you want us to do your homework?
All this stuff is easily found on the net, but make sure you use British examples as American structures/roles are a bit different.
An associate means different things in different industries and is even variable between companies within the same industry. Associate at my place is near the top; Associate at a competing company is near enough bottom rung.
MisterTommyH
05-12-10, 05:50 PM
TazDaz, that would be very nice if you could. Lol.
To be honest I dont think I made very clear, but I kind of got what I was looking for by PM. (had assumptions but just wanted them cleared up). As you say it is pretty industry specific, but the limited bit means what I thought and kind of know what the risks are.
Thanks to those that PM'd.
Biker Biggles
05-12-10, 06:12 PM
At the top there is a Chief Executive and a Chairman who will each have several deputies and assistants plus loads of office staff.
Then there will be a number of Directors.You will surprised just how many of these there are,and each will have a duputy and at least one assistant director.Other parts of the organisation will have a "head of" plus the obligitory duputy and assistants.All the above will have office staff to keep them supplied with paperclips and executive toys.
Then there will be numerous Area Managers with assistants and Duty Managers who will have an army of supervisors and other jobsworths leeching on the payroll all so that the three people who actually do any work can be properly supported and managed.Further savings to be evaluated include making two of those three redundant.;)
Try looking/asking here (http://www.ukbusinessforums.co.uk/forums/)
For a small ltd company you only need directors. No company secretary any more. You are all responsible for tax and legal issues but can hide from a lot of stuff as a Ltd company is classed as its own entity. You can get bookkeeping firms to do the tax and returns. Check if VAT is required and if under about £150k turnover look at flat rate VAT. Cheap to set up and use a firm as the registered address as it may affect your home insurance. You can save in PAYE by taking minimum wages and getting the rest of your cash as a dividend but watch out for corporation tax. Paying tax and vat online is a doddle. Dont ignore any letters from the VAT man.
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