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    Dec 13, 2017 at 9:51 AM
    doghouse doghouse: That is basically how S-Corps work, and LLC's, partnerships etc...
    Dec 13, 2017 at 9:53 AM
    Fwiffo Fwiffo: "...each partner is entitled to a share of the profits or losses of the business. The business profits (or losses) are usually divided among the partners based on the partnership agreement."
    Dec 13, 2017 at 9:53 AM
    Fwiffo Fwiffo: except I guess we don't call it "corporation".
    Dec 13, 2017 at 9:54 AM
    Fwiffo Fwiffo: Whenever it's corporation it means limited liability. Well "limited liability". I read if you're th eonly guy in the incorporated entity without any D&O insurance, you're liable anyway.
    Dec 13, 2017 at 9:58 AM
    Fwiffo Fwiffo: to my meeting
    Dec 13, 2017 at 10:00 AM
    doghouse doghouse: Yeah, we have partnerships as well. But we have corporate classifications that bascially mimic that.
    Dec 13, 2017 at 10:12 AM
    Pimpernel Smith Pimpernel Smith: It's the world over: tax regimes clamping down on sole traders/self-employed consultants and the like. Whilst companies are paying social security, national insurances etc, why should a chap doing the same work as self-employed pay next to nothing?
    Dec 13, 2017 at 10:14 AM
    Pimpernel Smith Pimpernel Smith: And back in the good days you could get away with 12-18% stoppages fully in the system doing that as a a self-employed person. That was in the UK up until the mid/late 1990s if you had a good accountant.
    Dec 13, 2017 at 10:21 AM
    doghouse doghouse: Self employed consulatants should be eradicated by any means.
    Dec 13, 2017 at 10:38 AM
    Pimpernel Smith Pimpernel Smith: Not really, some people prefer to work that way, but they should pay fair amounts of tax like everyone else.
    Dec 13, 2017 at 10:40 AM
    doghouse doghouse: I could care less what the prefer. They are subhuman leeches.
    Dec 13, 2017 at 10:46 AM
    Pimpernel Smith Pimpernel Smith: Depends, we use a lot of consultants, but might only use them once a week, twice a month, or once in a blue moon. You can't get tied into taking these chaps on permanent staff. This is the problem with the one size fits all solution that everyone should be staff.
    Dec 13, 2017 at 10:47 AM
    Fwiffo Fwiffo: We have contract underwriters and claims adjusters..shockingly.
    Dec 13, 2017 at 10:47 AM
    Fwiffo Fwiffo: Maternity leave, new lines of businesses.
    Dec 13, 2017 at 10:48 AM
    doghouse doghouse: It's not one size fits all, it's basic corporate efficiency. If the job isnecessary someone needs to being doing it. If you have to pay someone outside to do it, you are paying too much or the job actually isn't necessary after all
    Dec 13, 2017 at 10:48 AM
    Fwiffo Fwiffo: But the firm doesn't need to worry about their pension, benefits, training etc.
    Dec 13, 2017 at 10:48 AM
    doghouse doghouse: This is also why corporations suck and are net drains on society
    Dec 13, 2017 at 10:48 AM
    Pimpernel Smith Pimpernel Smith: They screwed up the manpower provision sector here for project work when the politicians acted with good intentions, but no grasp of the market. Now the agency has to factor in all kinds of factors, etc. Net result the freelancers, who do have a higher risk inbetween projects, get paid much much less than before.
    Dec 13, 2017 at 10:49 AM
    doghouse doghouse:
    Dec 13, 2017 at 10:49 AM
    Pimpernel Smith Pimpernel Smith: As the agency factors in redundancy, holidays etc, where before the freelancer wasn't interested in this. They went from job to job.
    Dec 13, 2017 at 1:10 PM
    Fwiffo Fwiffo: I go to the usual Thai place and bump into two other chaps at the same bar from the competitors.
    Dec 13, 2017 at 1:12 PM
    Pimpernel Smith Pimpernel Smith: Ply them with drinks on the company account and get as much info out of them as possible
    Dec 13, 2017 at 3:31 PM
    Fwiffo Fwiffo: I went to pick up my Christmas card at the local store and said they used to have a photo finishing section. The old lady at the till said, "Oh people do digital and cloud these days..."
    Dec 13, 2017 at 8:56 PM
    Fwiffo Fwiffo: That undergrad Indian girl had a big nose but she didn't even need to clean up much and her eyes sparkle and she has a great smile. Not touching up her lips every half hour.
    Dec 13, 2017 at 8:56 PM
    Fwiffo Fwiffo: This is what pure youth does to you and then one day someone turns off the light

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