Sports07 Jan 2010 03:42 am
A suitable level of profitability
The owner is not expected to draw a salary for the duration of the operation of the business, instead choosing to take the pro-rata portion of anticipated profits. If that option is not exercised and no stock can be bought back from any of the current shareholders, then compensation will be divided pro-rata according to shareholder equity in the best paintball gun business. Once that occurs and all reinvestment has been made, the current shareholders will be offered a chance to redeem their holdings at a level exceeding the par value of the stock. Management Compensation Initially, management will not be compensated until the business can obtain a suitable level of profitability.