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Originally posted by kura
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Originally posted by warthog
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quote:Originally posted by Dazza
i like the part 'money raised to give to directors @ 4% interest so they can buy the shares'
Actually this is relatively common practice around the world. Other ways to achieve the same thing, with less risk to directors, is to issue options.
Quite right, if the worst happened and went belly up, who would want a loan that could be attacked by liquidators ?
Regards their pricing & bizz model, I would like to see them charge minimal (or zero) fees for the basic service, then make their money out of advertising/support/additional services. Owners of SME's would be a marketers delight, just think of that buying power logging on to your website every other day. Team up with an enterprising accountant, and you would have a one stop shop for SME compliance issues. (Someone might do it one day)
Now a free service, that sure would put a strain on your servers !