0:{"root":[["$","meta","1",{"property":"csp-nonce","nonce":"bd13c516-3ed0-4c61-a904-b6a0ae077fdd"}],"$L1"],"formState":"$undefined","returnValue":"$undefined"}
2:"$Sreact.fragment"
3:I["7ada5cab5be8",[],"Header",1]
4:"$Sreact.suspense"
:HL["/assets/_layout-BzYdn0f6.css","stylesheet"]
1:["$","$2","2",{"children":[[["$","link","css:/assets/_layout-BzYdn0f6.css",{"rel":"stylesheet","precedence":"vite-rsc/importer-resources","href":"/assets/_layout-BzYdn0f6.css","data-rsc-css-href":"/assets/_layout-BzYdn0f6.css"}],"$undefined"],["$","html",null,{"lang":"en","className":"$undefined","children":[["$","head",null,{"children":[["$","meta",null,{"charSet":"UTF-8"}],["$","meta",null,{"name":"viewport","content":"width=device-width, initial-scale=1.0"}],["$","link",null,{"rel":"icon","type":"image/png","href":"/static/icons/apple-icon.png"}],["$","link",null,{"rel":"icon","type":"image/png","sizes":"32x32","href":"/static/icons/favicon-32x32.png"}],["$","link",null,{"rel":"apple-touch-icon","href":"/static/icons/apple-icon.png"}],["$","meta",null,{"name":"theme-color","content":"#1e40af"}],["$","meta",null,{"name":"language","content":"en_US"}],["$","meta",null,{"httpEquiv":"content-language","content":"en_US"}]]}],["$","body",null,{"className":"min-h-screen flex flex-col","children":[["$","$L3",null,{}],["$","main",null,{"className":"main-content grow bg-gray-100","children":["$","$4",null,{"fallback":[[["$","link","css:/assets/_layout-BzYdn0f6.css",{"rel":"stylesheet","precedence":"vite-rsc/importer-resources","href":"/assets/_layout-BzYdn0f6.css","data-rsc-css-href":"/assets/_layout-BzYdn0f6.css"}],"$undefined"],["$","div",null,{"className":"flex justify-center items-center p-8","children":["$","div",null,{"className":"animate-spin rounded-full h-8 w-8 border-b-2 border-indigo-600"}]}]],"children":[[["$","title",null,{"children":"Many Faces of Enterprise | Gleez"}],["$","meta",null,{"name":"description","content":"According to Lord Justice Lindley, \"A Company is an association of many persons who contribute money or money's worth to shares and employs it in some…"}],["$","meta",null,{"name":"keywords","content":"many, faces, enterprise, Gleez, privacy, secure productivity"}],["$","meta",null,{"name":"author","content":"Nick Mutt"}],["$","meta",null,{"property":"og:title","content":"Many Faces of Enterprise | Gleez"}],["$","meta",null,{"property":"og:description","content":"According to Lord Justice Lindley, \"A Company is an association of many persons who contribute money or money's worth to shares and employs it in some…"}],["$","meta",null,{"property":"og:type","content":"article"}],["$","meta",null,{"property":"og:url","content":"https://gleez.com/s/many-faces-of-enterprise"}],["$","meta",null,{"property":"og:image","content":"/static/og.png"}],["$","meta",null,{"property":"og:image:alt","content":"Many Faces of Enterprise"}],["$","meta",null,{"property":"og:site_name","content":"Gleez"}],["$","meta",null,{"property":"og:locale","content":"en_US"}],["$","meta",null,{"property":"article:published_time","content":"2009-12-30T03:41:11.000Z"}],["$","meta",null,{"property":"article:modified_time","content":"2018-12-31T17:58:39.000Z"}],["$","meta",null,{"property":"article:author","content":"https://gleez.com/author/73548177605014"}],[],["$","meta",null,{"name":"twitter:card","content":"summary_large_image"}],["$","meta",null,{"name":"twitter:title","content":"Many Faces of Enterprise | Gleez"}],["$","meta",null,{"name":"twitter:description","content":"According to Lord Justice Lindley, \"A Company is an association of many persons who contribute money or money's worth to shares and employs it in some…"}],["$","meta",null,{"name":"twitter:image","content":"/static/og.png"}],["$","meta",null,{"name":"twitter:image:alt","content":"Many Faces of Enterprise"}],["$","meta",null,{"name":"twitter:site","content":"@gleeztech"}],["$","meta",null,{"name":"twitter:creator","content":"@gleeztech"}],["$","link",null,{"rel":"canonical","href":"https://gleez.com/s/many-faces-of-enterprise"}],["$","meta",null,{"name":"robots","content":"index, follow"}],["$","meta",null,{"name":"googlebot","content":"index, follow, max-snippet:-1, max-image-preview:large"}],["$","script",null,{"type":"application/ld+json","dangerouslySetInnerHTML":{"__html":"{\"@context\":\"https://schema.org\",\"@type\":\"BlogPosting\",\"headline\":\"Many Faces of Enterprise\",\"description\":\"According to Lord Justice Lindley, \\\"A Company is an association of many persons who contribute money or money's worth to shares and employs it in some…\",\"image\":\"/static/og.png\",\"author\":{\"@type\":\"Person\",\"name\":\"Nick Mutt\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Gleez\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https://gleez.tech/static/logo-512.png\"}},\"datePublished\":\"2009-12-30T03:41:11.000Z\",\"dateModified\":\"2018-12-31T17:58:39.000Z\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https://gleez.com/s/many-faces-of-enterprise\"}}"}}]],"$L5"]}]}],"$L6"]}]]}]]}]
7:T416,data:image/svg+xml;utf8,%3Csvg%20width%3D%2232%22%20height%3D%2232%22%20viewBox%3D%220%200%2032%2032%22%20%0A%20%20%20%20%20%20%20%20%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20role%3D%22img%22%20aria-label%3D%22Avatar%20for%20Nick%20Mutt%22%3E%0A%20%20%20%20%20%20%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22hsl(205%2C%2080%25%2C%2055%25)%22%20rx%3D%223.2%22%20%2F%3E%0A%20%20%20%20%20%20%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20font-family%3D%22sans-serif%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20font-size%3D%2212.8%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20font-weight%3D%22bold%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20fill%3D%22%23FFFFFF%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20text-anchor%3D%22middle%22%20%0A%20%20%20%20%20%20%20%20%20%20%20%20dominant-baseline%3D%22central%22%0A%20%20%20%20%20%20%20%20%20%20%20%20style%3D%22user-select%3A%20none%3B%22%3E%0A%20%20%20%20%20%20%20%20NM%0A%20%20%20%20%20%20%3C%2Ftext%3E%0A%20%20%20%20%3C%2Fsvg%3E8:Tc6d,<p>According to Lord Justice Lindley, "A Company is an association of many persons who contribute money or money's worth to shares and employs it in some trade or business and who share the profit and loss arising there from. The shares so contributed are denoted in money and are the capital of the company. The persons who contribute to it or to whom it belongs are members. The proportion of capital to which each member is entitled is his share. The shares are always transferable although the right to transfer is often more or less restricted."</p>
<p>Now, you have decided what business to start and approximately how much capital will be required, you may find it necessary to join with one or more associates to launch the enterprise. The legal structures that you can set your business up in could be Public Company or Private Company?</p>
<p>In case of a public company, the liability of its members is restricted to the amount of share capital subscribed by them or standing in their names. At any time the company can be wound up and the value of its assets could be insufficient to meet its liabilities. The companies falling under this category are required by law to add the word "Limited" at the end of their names. Shares are offered to the public company. There is no binding on maximum number of shareholders, but there is a minimum of 7. There is no limit on the transfer of its shares. There should be minimum number of two directors.</p>
<p>A <strong>Public Company</strong> can issue shares to the public to raise capital. Shareholders are not liable for the debts of the company. The company has an indefinite life span; it means the business can continue even if the members die. As the public companies have a wide membership, control and operate substantial financial resources and cover fields of activities affecting not only the members but also the public. A number of regulatory provisions have been made under the company law to exercise control on the working of these companies.</p>
<p>In case of <strong>Private Company</strong>, shares are not offered to the public. There is a maximum number of 50 and a minimum number of 1 shareholder. Its shares cannot be transferred freely, and such a company is prohibited from inviting the public to subscribe to its shares and debentures. The words "(Pvt.) Ltd" will appear at the end of the company's name. Private Companies do not have to make information available to the public. Only the founders, employees, and possibly a few large investors (venture capitalists) may own interest. Whatever information a private company makes available is completely up to the individual company.</p>
<p>Thus given a particular situation, keeping in mind your areas of interest as well as grabbing the opportunities coming your way you can figure out what would best suit your business idea - Private Company or Public Company.</p>
<p>To learn more about ERP and business strategies, read <strong><a href="http://www.nickmutt.com">Business Management Books</a></strong>. Also know <a href="http://www.nickmutt.com/erp-for-process-manufacturing.htm">ERP for Process Manufacturing</a> and other business terms.</p>5:["$","$4",null,{"fallback":[[["$","link","css:/assets/_layout-BzYdn0f6.css",{"rel":"stylesheet","precedence":"vite-rsc/importer-resources","href":"/assets/_layout-BzYdn0f6.css","data-rsc-css-href":"/assets/_layout-BzYdn0f6.css"}],"$undefined"],["$","div",null,{"className":"flex justify-center items-center p-8","children":["$","div",null,{"className":"animate-spin rounded-full h-8 w-8 border-b-2 border-indigo-600"}]}]],"children":["$","div",null,{"className":"bg-white/95 mt-0.5 py-6 sm:py-12","children":["$","article",null,{"className":"mx-auto w-full max-w-2xl format format-sm sm:format-base lg:format-lg format-blue dark:format-invert","children":[["$","header",null,{"className":"mb-4 lg:mb-6 not-format","children":[["$","h1",null,{"className":"mb-4 text-3xl font-extrabold leading-tight text-gray-900 lg:mb-6 lg:text-4xl dark:text-white","children":"Many Faces of Enterprise"}],["$","address",null,{"className":"flex items-center mb-6 not-italic","children":["$","div",null,{"className":"inline-flex items-center text-sm text-gray-900 dark:text-white","children":[["$","img",null,{"className":"mr-3 w-8 h-8 rounded-full","src":"$7","alt":"Nick Mutt"}],["$","a",null,{"href":"/author/nick_mutt_73548177605014","rel":"author","className":"font-bold capitalize hover:underline dark:text-white","children":"Nick Mutt"}],["$","span",null,{"className":"mx-1 text-md text-gray-400 dark:text-gray-500","children":"·"}],["$","span",null,{"className":"inline-flex items-center ml-1 text-gray-500 dark:text-gray-400","children":"3 min read"}],["$","span",null,{"className":"mx-1 text-md text-gray-400 dark:text-gray-500","children":"·"}],["$","time",null,{"dateTime":"Wed Dec 30 2009","className":"text-gray-500 dark:text-gray-400","children":"Dec 30, 2009"}],[["$","span",null,{"className":"mx-1 text-md text-gray-400 dark:text-gray-500","children":"·"}],["$","a","management",{"href":"/t/management","className":"capitalize text-sm text-gray-500 dark:text-gray-400 hover:text-gray-600","children":"management"}]]]}]}]]}],["$","div",null,{"className":"lead prose mt-4 text-lg leading-8 text-gray-600","children":["$","div",null,{"dangerouslySetInnerHTML":{"__html":"$8"}}]}],"$L9","$La"]}]}]}]
b:T63b,M12.315 2c2.43 0 2.784.013 3.808.06 1.064.049 1.791.218 2.427.465a4.902 4.902 0 011.772 1.153 4.902 4.902 0 011.153 1.772c.247.636.416 1.363.465 2.427.048 1.067.06 1.407.06 4.123v.08c0 2.643-.012 2.987-.06 4.043-.049 1.064-.218 1.791-.465 2.427a4.902 4.902 0 01-1.153 1.772 4.902 4.902 0 01-1.772 1.153c-.636.247-1.363.416-2.427.465-1.067.048-1.407.06-4.123.06h-.08c-2.643 0-2.987-.012-4.043-.06-1.064-.049-1.791-.218-2.427-.465a4.902 4.902 0 01-1.772-1.153 4.902 4.902 0 01-1.153-1.772c-.247-.636-.416-1.363-.465-2.427-.047-1.024-.06-1.379-.06-3.808v-.63c0-2.43.013-2.784.06-3.808.049-1.064.218-1.791.465-2.427a4.902 4.902 0 011.153-1.772A4.902 4.902 0 015.45 2.525c.636-.247 1.363-.416 2.427-.465C8.901 2.013 9.256 2 11.685 2h.63zm-.081 1.802h-.468c-2.456 0-2.784.011-3.807.058-.975.045-1.504.207-1.857.344-.467.182-.8.398-1.15.748-.35.35-.566.683-.748 1.15-.137.353-.3.882-.344 1.857-.047 1.023-.058 1.351-.058 3.807v.468c0 2.456.011 2.784.058 3.807.045.975.207 1.504.344 1.857.182.466.399.8.748 1.15.35.35.683.566 1.15.748.353.137.882.3 1.857.344 1.054.048 1.37.058 4.041.058h.08c2.597 0 2.917-.01 3.96-.058.976-.045 1.505-.207 1.858-.344.466-.182.8-.398 1.15-.748.35-.35.566-.683.748-1.15.137-.353.3-.882.344-1.857.048-1.055.058-1.37.058-4.041v-.08c0-2.597-.01-2.917-.058-3.96-.045-.976-.207-1.505-.344-1.858a3.097 3.097 0 00-.748-1.15 3.098 3.098 0 00-1.15-.748c-.353-.137-.882-.3-1.857-.344-1.023-.047-1.351-.058-3.807-.058zM12 6.865a5.135 5.135 0 110 10.27 5.135 5.135 0 010-10.27zm0 1.802a3.333 3.333 0 100 6.666 3.333 3.333 0 000-6.666zm5.338-3.205a1.2 1.2 0 110 2.4 1.2 1.2 0 010-2.4z6:["$","footer",null,{"className":"bg-gray-900 dark:bg-gray-900","children":["$","div",null,{"className":"mx-auto max-w-7xl px-6 py-4.5 md:flex md:items-center md:justify-between lg:px-8","children":[["$","div",null,{"className":"flex justify-center space-x-6 md:order-2","children":[["$","a","Facebook",{"href":"https://facebook.com/gleeztech","target":"_blank","rel":"noopener noreferrer","className":"text-gray-400 hover:text-gray-500","children":[["$","span",null,{"className":"sr-only","children":"Facebook"}],["$","svg",null,{"className":"h-6 w-6","fill":"currentColor","viewBox":"0 0 24 24","aria-hidden":"true","children":["$","path",null,{"fillRule":"evenodd","d":"M22 12c0-5.523-4.477-10-10-10S2 6.477 2 12c0 4.991 3.657 9.128 8.438 9.878v-6.987h-2.54V12h2.54V9.797c0-2.506 1.492-3.89 3.777-3.89 1.094 0 2.238.195 2.238.195v2.46h-1.26c-1.243 0-1.63.771-1.63 1.562V12h2.773l-.443 2.89h-2.33v6.988C18.343 21.128 22 16.991 22 12z","clipRule":"evenodd"}]}]]}],["$","a","Instagram",{"href":"https://instagram.com/gleeztech","target":"_blank","rel":"noopener noreferrer","className":"text-gray-400 hover:text-gray-500","children":[["$","span",null,{"className":"sr-only","children":"Instagram"}],["$","svg",null,{"className":"h-6 w-6","fill":"currentColor","viewBox":"0 0 24 24","aria-hidden":"true","children":["$","path",null,{"fillRule":"evenodd","d":"$b","clipRule":"evenodd"}]}]]}],["$","a","X",{"href":"https://x.com/gleeztech","target":"_blank","rel":"noopener noreferrer","className":"text-gray-400 hover:text-gray-500","children":[["$","span",null,{"className":"sr-only","children":"X"}],["$","svg",null,{"className":"h-6 w-6","fill":"currentColor","viewBox":"0 0 24 24","aria-hidden":"true","children":["$","path",null,{"d":"M13.6823 10.6218L20.2391 3H18.6854L12.9921 9.61788L8.44486 3H3.2002L10.0765 13.0074L3.2002 21H4.75404L10.7663 14.0113L15.5685 21H20.8131L13.6819 10.6218H13.6823ZM11.5541 13.0956L10.8574 12.0991L5.31391 4.16971H7.70053L12.1742 10.5689L12.8709 11.5655L18.6861 19.8835H16.2995L11.5541 13.096V13.0956Z"}]}]]}],"$Lc"]}],"$Ld"]}]}]
9:null
a:["$","$4",null,{"fallback":["$","div",null,{"className":"comments-skeleton","children":[["$","div",null,{"className":"h-6 bg-gray-200 rounded w-32 mb-4 animate-pulse"}],["$","div",null,{"className":"space-y-3","children":[["$","div","1",{"className":"h-16 bg-gray-100 rounded animate-pulse"}],["$","div","2",{"className":"h-16 bg-gray-100 rounded animate-pulse"}],["$","div","3",{"className":"h-16 bg-gray-100 rounded animate-pulse"}]]}]]}],"children":"$Le"}]
c:["$","a","GitHub",{"href":"https://github.com/gleez","target":"_blank","rel":"noopener noreferrer","className":"text-gray-400 hover:text-gray-500","children":[["$","span",null,{"className":"sr-only","children":"GitHub"}],["$","svg",null,{"className":"h-6 w-6","fill":"currentColor","viewBox":"0 0 24 24","aria-hidden":"true","children":["$","path",null,{"fillRule":"evenodd","d":"M12 2C6.477 2 2 6.484 2 12.017c0 4.425 2.865 8.18 6.839 9.504.5.092.682-.217.682-.483 0-.237-.008-.868-.013-1.703-2.782.605-3.369-1.343-3.369-1.343-.454-1.158-1.11-1.466-1.11-1.466-.908-.62.069-.608.069-.608 1.003.07 1.531 1.032 1.531 1.032.892 1.53 2.341 1.088 2.91.832.092-.647.35-1.088.636-1.338-2.22-.253-4.555-1.113-4.555-4.951 0-1.093.39-1.988 1.029-2.688-.103-.253-.446-1.272.098-2.65 0 0 .84-.27 2.75 1.026A9.564 9.564 0 0112 6.844c.85.004 1.705.115 2.504.337 1.909-1.296 2.747-1.027 2.747-1.027.546 1.379.202 2.398.1 2.651.64.7 1.028 1.595 1.028 2.688 0 3.848-2.339 4.695-4.566 4.943.359.309.678.92.678 1.855 0 1.338-.012 2.419-.012 2.747 0 .268.18.58.688.482A10.019 10.019 0 0022 12.017C22 6.484 17.522 2 12 2z","clipRule":"evenodd"}]}]]}]
d:["$","div",null,{"className":"mt-8 md:order-1 md:mt-0","children":["$","p",null,{"className":"text-sm leading-5 text-gray-400","children":["© 2005 - ",2026," Gleez Inc. All rights reserved."]}]}]
e:["$","div",null,{"className":"mt-8","children":[["$","h3",null,{"className":"text-xl font-semibold mb-4","children":"Voices"}],["$","p",null,{"className":"text-gray-500","children":"Empty airwaves. Fill them with your thoughts!"}]]}]