Setting up a firm
Answers are for parents and teachers.
1
Choose a new business idea and invent a name and trademark for a conditional firm; draw the mark and explain in two sentences why you chose it.
The answer depends on the student’s idea; the mark should fit the firm’s activity, be simple and differ from other firms’ marks.
2
The charter fund is 120 mln so‘m. Three founders’ shares are 50%, 30% and 20%. How many so‘m is the smallest contribution?
24000000
3
Write the procedure for opening a firm in five steps.
1) choose type and name; 2) prepare the charter and founding agreement; 3) register with the state; 4) open a bank account; 5) register the trademark.
4
What agreements must a founding agreement contain? Name at least four.
how the firm is set up and managed; composition of the charter fund and contributions; rules for sharing profit; internal management structure; how the firm’s status is changed and it is wound up