發布時間：2021-01-15 發布人：山東股章瀏覽次數：719次 來源：www.newadnetwork.com
The essence of partnership lies in cooperation. If everyone is not compatible, it is difficult for the partnership to succeed, and the design of equity structure is the premise to ensure the "cooperation" of everyone. If an enterprise does not have a good equity structure, it will lead to unreasonable equity distribution in the later period. In order to avoid such problems, capital wisdom teaches us how to design the equity structure of an enterprise. Let's have a look.
The purpose of equity structure design is nothing more than two kinds of intentions: one is to solve the current problems; the other is to solve the problems of future development. And the three elements of Equity: value creation; value distribution; value evaluation. For these three elements, we will treat them differently according to the enterprises we tutor, and solve the equity structure through systematization, modelization and integrity.
1： Three lines in one
The integration of the three lines refers to the three main lines of business line, talent line and capital line. And the equity structure design is mainly aimed at the future development of the enterprise: enterprise development stage, steps and each stage "what to do, how much to do, what kind of key talents and how much capital".
2： Fixed 3 shares
創始股東遵循民 主集中制的原則，用匿名投 票的方式，可以投出自己的建議和想法，再取出平均值;若分歧較大，可以表達自己的理由和理解;按照民 主集中制的原則，然后有創始人拍板決定人力股、資金股和資源股的各自權重。
According to the principle of democratic centralism, the founding shareholders can cast their own suggestions and ideas by anonymous voting, and then take out the average value; if there is a big difference, they can express their reasons and understanding; according to the principle of democratic centralism, then the founders decide the respective weights of human capital stock, capital stock and resource stock.
3： Manpower share allocation plan
We usually say that human resource stocks are full-time core talents (key factors to performance --- one of the four successful conditions of partnership often mentioned by Mr. Liu Yang, founder of wheat talent workshop). The principle of distribution is that whoever makes great contribution, has more responsibility and strong ability will naturally take up the shares. We are assisting the partnership In the process of guidance, it is usually divided into two parts: the equity of the founding team and the option pool. The former part refers to the members of the founding team, while the latter is the core backbone members. These two contents will be described in detail separately.
4： Determine the internal and external financing valuation and scheme of capital stock
The key point of this step is that the internal shares usually refer to the founding shareholders, which mainly solve the problem of start-up capital. The valuation is determined by shareholders' negotiation, which often refers to the demand for start-up capital. The external financing shares reserve equity through about two rounds of needs. In addition, we can not reserve equity, when the development of enterprises need financing, then dilute equity.
5： Cash terms and trading structure of scheduled resource stocks