Results 1 to 2 of 2

Thread: Company Type?

  1. #1
    New Member
    Join Date
    Sep 2009
    Thanked 1 Time in 1 Post

    Company Type?

    My business partner and I are in the process of establishing a new publishing company.

    Our company will publish a printed magazine, that will be available to the public, we will publish articles and content on a website that will be relative to our magazine.

    What type of company should we register for our project? Please keep in mind that in our future plans we do want branch out to other countries in a franchise form.

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Durban, South Africa
    Thanked 2,397 Times in 2,004 Posts
    Blog Entries
    Given that the entity will be entering into contracts, I'd recommend a company or close corporation.

    The main considerations in deciding between the two types are:

    • How complex is the ownership going to be?
    • Is there going to be a difference between ownership and top management?
    • The annual audit/accounting cost.
    • How important is it to have the extra financial credibility of a company?
    Seeing opportunity changes nothing. Seizing opportunity and running with it changes lives.

Similar Threads

  1. Any one want a 10 year old shelf company
    By Moneymaker in forum General Business Forum
    Replies: 25
    Last Post: 14-Jan-14, 02:19 PM
  2. [Question] Setting up a Section 21 Company
    By Visa in forum General Business Forum
    Replies: 6
    Last Post: 09-Nov-10, 01:34 PM
  3. Replies: 1
    Last Post: 06-Apr-09, 01:09 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts