Alexandoy
VIP Contributor
A friend’s grandfather has given him money for capital of a business that will be registered in the name of the estate which means it is like a corporation that is owned by the clan (all the children of the grandfather that includes all the grandchildren). The business is a vegetable farm to raise fresh vegetables and to supply the market in their locality.
My friend is hesitant not because of the pandemic but with the setup. He will be paid to manage and maybe his position is president of the company. The capital is a big one that can afford to buy 5 hectares of land in the rural area. My friend loves gardening but his problem is the ownership. Until now the project is pending and he is asking for suggestions on the matter.
My friend is hesitant not because of the pandemic but with the setup. He will be paid to manage and maybe his position is president of the company. The capital is a big one that can afford to buy 5 hectares of land in the rural area. My friend loves gardening but his problem is the ownership. Until now the project is pending and he is asking for suggestions on the matter.