Questions

I've met with some advisors and have proposed the idea of them joining my company advisory board. Compensation will be paid with a small amount of equity. But, questioning what is the right amount to offer? Advisory Objectives: Plan strategy development Assist in recruiting Introductions to investors I've searched online and read some very interesting blogs. such as this one: http://fi.co/contents/206# Im not sure if the 1% is to more or less what i should be offering to the advisor. I have much respect for my advisors and hope to compensate them with the right % for their contributions. *I currently own 100 shares in my company. Im going to change that amount to 10,000 shares. We are a seed stage company but my advisors see great potential in my business and its growth. Happy Holidays Everyone!!

Should you pay an advisor board if they cannot establish the correlation between ethics and quality? I will say do not rush to increase your share’s amount. Although there may not be a logical relationship between ethics and quality, it might be argued that these two concepts should be mentioned together due to their common associations. These two concepts seem to overlap over a large area in terms of their word meanings. Business ethics, on the other hand, had been previously defined as applications of moral norms and rules in business life. In this context, it is possible to see the ethical aspect within the concept of quality when quality is regarded as raising and improving the quality of business processes, and as development of business processes and product features based on respect for domestic and foreign customers. Now, once you have understood this well, we can talk about the stock options you have. First option that you have is called Non-Qualified Stock Option or better known as NSO. A non-qualified stock option (NSO) is a type of employee stock option wherein you pay ordinary income tax on the difference between the grant price and the price at which you exercise the option. Second option you have is, Incentive Stock Option (ISO). An incentive stock option (ISO) is a company benefit that gives an employee the right to buy stock shares at a discounted price with the added allure of a tax break on the profit.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 3 years ago

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