Well Okay not really propmoted but we are contemplating going limited and if so I will be offered directorship. Is there a site that can tell me what benefits and consequences may or may not arise as a director. Or is it as I see just another job title. Any advice or links to sites appreciated.
The responsibilities can be compared to working as a partner (they are generally less for a director). There's lots of info on
Lots of personal liabilities primarily (health & safety, software piracy, corporate insolvency, accounts being filed on time to name a few) PLUS any non-compete clauses may actually be worth the paper they're written on for directors. Bonuses back I can't actually think of any worth having anymore.
Directors run the company, shareholders own the company, shareholders appoint the directors. Are you currently in a partnership?
Don't embarrass him by asking about his sex life.
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