{"id":8395,"date":"2018-11-03T08:00:29","date_gmt":"2018-11-02T23:00:29","guid":{"rendered":"https:\/\/norimen.net\/wordpress\/?p=8395"},"modified":"2026-08-09T13:58:33","modified_gmt":"2026-08-09T04:58:33","slug":"president-risk-old","status":"publish","type":"post","link":"https:\/\/norimen.net\/en\/president-risk-old\/","title":{"rendered":"Risks for the CEO | Company Assets Belong to the Corporation, Not the CEO Personally"},"content":{"rendered":"<p>Hello, everyone.<\/p>\n<p>This is Enta.<\/p>\n<p>For some reason, there's a shortage of slope engineers out there.<\/p>\n<p>We've been getting more requests for quotes on legal frameworks... but I'm afraid we can't accommodate them.<\/p>\n<p>We're also swamped right now.<\/p>\n<p>That said, November is a little slow, lol.<\/p>\n<p>I can help out with small, one-time projects, but it would be a bit difficult to do this on an ongoing basis.<\/p>\n<hr \/>\n<p>But that's beside the point.<\/p>\n<p>Who owns the items and machinery at the company?<\/p>\n<p>Do you understand?<\/p>\n<p>There are a lot of people who misunderstand things like this.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-8397\" src=\"https:\/\/norimen.net\/wordpress\/wp-content\/uploads\/2018\/11\/man_bikkuri.png\" alt=\"Oops\" width=\"384\" height=\"500\" srcset=\"https:\/\/norimen.net\/wordpress\/wp-content\/uploads\/2018\/11\/man_bikkuri.png 384w, https:\/\/norimen.net\/wordpress\/wp-content\/uploads\/2018\/11\/man_bikkuri-230x300.png 230w\" sizes=\"auto, (max-width: 384px) 100vw, 384px\" \/><\/p>\n<p>People who have this misconception tend to think the same thing: they believe that everything in the company belongs to the president.<\/p>\n<p>That's not true.<\/p>\n<p>All of those items belong to the corporation.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 20px;\"><strong><span style=\"color: #0000ff;\">What Is a Corporation?<\/span><\/strong><\/span><\/p>\n<p><span style=\"color: #0000ff; font-size: 18px;\"><strong>\"Although not human, they are recognized as legal persons under the law and may validly perform legal acts,<br \/>\n\"A person who has been granted the status to be a subject of rights and obligations.\"<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>That's the point.<\/p>\n<p>If you make a purchase using profits earned through company activities, everything becomes the property of the company as a legal entity.<\/p>\n<p>The idea that \u201cwhat belongs to the company belongs to the president\u201d is wrong.<\/p>\n<p>&nbsp;<\/p>\n<p>However, when a company makes a major purchase,<span style=\"font-size: 20px;\"><strong><span style=\"color: #ff0000;\">The business owner is a joint guarantor<\/span><\/strong><\/span>We will take out a loan for this purpose.<\/p>\n<p>That means that if something goes wrong at the company, the management will take full responsibility for it.<\/p>\n<p>That's where the risk for business owners lies.<\/p>\n<p>That\u2019s exactly why business owners are so stingy. (It goes without saying.)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-8398\" src=\"https:\/\/norimen.net\/wordpress\/wp-content\/uploads\/2018\/11\/17625947.jpg\" alt=\"Stingy\" width=\"219\" height=\"230\" \/><\/p>\n<p>If you have a mortgage, you probably know exactly what I mean\u2014you spent your whole life building that house, right? lol (Though there are exceptions, of course.)<\/p>\n<p>I think I took out a mortgage with myself as the joint guarantor and insured myself.<\/p>\n<p>Can you just kick that house or break it apart? You'll take good care of it, right?<\/p>\n<p>&nbsp;<\/p>\n<p>It's the same thing. From the company president's perspective, he'll do everything he can to protect the company he built by taking out a loan\u2014a loan that represents his entire life's work.<\/p>\n<p>That\u2019s exactly why we take good care of the company\u2019s equipment and machinery, and why we pay attention to the little things. (It goes without saying, lol.)<\/p>\n<p>This is just how it is.<\/p>\n<p>What about the CEOs at your companies? (Except for the big ones, lol)<\/p>\n<p><span style=\"font-size: 20px;\"><strong><span style=\"color: #ff0000;\">We're taking on considerable risks behind the scenes<\/span><\/strong><\/span>That's right.<\/p>\n<p>There are plenty of other risks as well.<\/p>\n<p>These days, there are more and more CEOs like that.<\/p>\n<p>That said, I don't want you to understand that at all, but,<\/p>\n<p>The point is that it's better to know than not to know.<\/p>\n<p>&nbsp;<\/p>\n<p>See you later.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"KdImUUwpgN\"><p><a href=\"https:\/\/norimen.net\/en\/all-responsibility-to-ceo\/\">All Responsibility Lies with the Representative | The Commitment of a Business Leader<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cAll Responsibility Lies with the Representative | The Commitment of a Business Leader\u201d \u2014 Shin-Ent\u2019s Slope Management Seminar\" src=\"https:\/\/norimen.net\/all-responsibility-to-ceo\/embed\/#?secret=2jTbczEBvQ#?secret=KdImUUwpgN\" data-secret=\"KdImUUwpgN\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>","protected":false},"excerpt":{"rendered":"<p>Hello, everyone. This is Enta. For some reason, there\u2019s a shortage of slope engineers out there. We\u2019ve been getting more and more requests for slope design estimates\u2026 but I\u2019m afraid we can\u2019t take any more right now. We\u2019re currently swamped. That said, we\u2019ll be a little less busy in November, though (lol). We can help out with small, one-off projects, but ongoing work is a bit\u2026<\/p>","protected":false},"author":2,"featured_media":8399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[1835,1836,1837,1838],"class_list":["post-8395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-1835","tag-1836","tag-1837","tag-1838"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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