發布時間：2021-08-24 發布人：山東股章瀏覽次數：710次 來源：www.newadnetwork.com
When founding shareholders set up a company, it is inevitable to involve such a problem: how to design the ownership structure of the company? In reality, due to the lack of attention to the ownership structure design, start-ups often fall into misunderstandings in the ownership design. Practice shows that unreasonable ownership structure design will bury hidden dangers for the long-term operation and development of the company, resulting in the loss of control by the founding shareholders, the deadlock of the company's operation decision and so on. Reasonable ownership structure design can lay a solid foundation for the subsequent development of the company, so what are the key points for the ideal ownership structure design?
Controlling rights among founding shareholders
In real life, there is a common situation. In order to avoid repeated debate on equity distribution, founders often choose to divide equally, and the equal distribution of equity by shareholders is easy to lead to the lack of control or relative control. Equity sharing mainly occurs at the beginning of entrepreneurship. The founding shareholders are based on emotion and are not aware of the problems existing in this ownership structure. Although in practice, there is no lack of good development of equal share ownership, but its risk has always existed. Once there are differences between the parties, the light one will lead to the deadlock of the company, and the heavy one will lead to the collapse of the company.
Equity distribution should reserve space for the introduction of talents
The development history of the company is a process of constantly gathering all kinds of talents. At present, although the level of salary is an important way to attract talents, it is obviously not enough to use salary as a chip, especially for high-end talents with a certain economic foundation. Therefore, when the company was founded, the founders must reserve space for the equity incentive of the future team. Otherwise, when the introduced team puts forward equity requirements and the founding shareholders need to transfer their equity, the founding shareholders will be reluctant to sell after the equity value is improved, resulting in obstacles to equity incentive. On the other hand, equity reservation can be recognized by the talents to be introduced to improve the efficiency of talent introduction. The reserved space for equity incentive mainly includes the establishment of a shareholding platform and the temporary holding by the actual controller.
Exit channel shall be set for equity structure
Entrepreneurship is a long-distance race without an end. In the process, some people will continue to participate, and some will quit for subjective or objective reasons. The reasons for shareholders' withdrawal mainly include:
1. Shareholders lack confidence in the development of the company. The judgment of the company's prospects varies from person to person. Some shareholders and management who think the company's prospects are pessimistic will choose to quit. However, if the individual shareholders withdraw but the equity does not withdraw, it may bring obstacles to the development of the company..
2. The founding shareholders do not agree. It is normal for founding shareholders to have differences on the way to start a business. If all parties cannot coordinate because of different ideas, personalities or uneven distribution of interests, some shareholders may choose to quit.
If there is no exit channel in the ownership structure, it may not be able to get rid of the old and absorb the new, so as to maintain the vitality of the company; If the exit channel is not set, the company may even get into trouble.