The President's Risk | Company Assets Belong to the Corporation, Not to Individuals [Repost]

Hello, everyone.

This is Enta.

This has been happening quite frequently lately, but,

Sometimes emails requesting quotes end up in my spam folder, so I don't notice them.

If you have sent an email and have not received a response, please let us know.

It seems that attachments, in particular, are being misidentified.

I check my spam folder once a week, but sometimes I forget.

Thank you in advance.

Email


But that's beside the point.

Who owns the company's property, machinery, vehicles, and so on?

Do you understand?

There are a lot of people who misunderstand things like this.

Oops

People who are mistaken tend to think pretty much the same thing, but,

I believe that everything in the company belongs to the president.

It seems right, but it's actually a little off.

All of those items belong to the corporation.

 

What Is a Corporation?

"Although not human, they are recognized as legal persons under the law and may validly perform legal acts,
"A person who has been granted the status to be a subject of rights and obligations."

 

That's the point.

If you make a purchase using profits earned through company activities, everything becomes the property of the company as a legal entity.

The idea that “what belongs to the company belongs to the president” is wrong.

 

However, when a company makes a major purchase,The business owner is a joint guarantorWe will take out a loan for this purpose.

That means that if something goes wrong at the company, the management will take full responsibility for it.

That's where the risk for business owners lies.

That’s exactly why business owners are so stingy. (It goes without saying.)

Stingy

As anyone with a mortgage will know,

You spent your whole life building a house, right? lol (Though there are some exceptions.)

I think I took out a mortgage with myself as the joint guarantor and insured myself.

Can you just kick that house or break it apart? You'll take good care of it, right?

 

It's the same thing.

From the company president’s perspective, he will do everything he can to protect the company he built by taking out a loan—a decision that consumed his entire life.

That’s exactly why we take good care of the company’s equipment and machinery, and why we pay attention to the little things. (It goes without saying, lol.)

This is just how things are.

 

What about the CEOs at your companies? (Except for the big ones, lol)

We're taking on considerable risks behind the scenesThat's right.

We’ve taken on a great deal of risk to purchase tools, machinery, and construction vehicles, and you’re all using them to do your jobs.

That's the money used to pay salaries.

That means it's hard to get paid without them,

This means that if those systems break down, there’s a possibility that salaries won’t increase.

 

People are always saying, “Think from a management perspective,” but that’s just impossible, lol.

I believe that it’s only by taking on risk that you can truly see things from a business owner’s perspective.

That said, I don't have the slightest desire for my employees to understand that, but,

The point is that it's better to know than not to know.

The president is working hard even behind the scenes, lol

 

See you later.

All Responsibility Lies with the Representative | The Commitment of a Business Leader

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