this post was submitted on 26 Feb 2024
564 points (92.7% liked)
Canada
7203 readers
267 users here now
What's going on Canada?
Communities
π Meta
πΊοΈ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
ποΈ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
π Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- MontrΓ©al Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
π» Universities
π΅ Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
π£οΈ Politics
- Canada Politics
- General:
- By Province:
π Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If employees own 60% then they should invest 60% of a company capital.
They are. With their time, whether that probationary or goes away if you do + some other obvious grey areas. This whole "business owners are taking all the risk so they have more money they can ever spend" nonsense is costing us, costing the government, and costing the environment. Shit has got to go.
Open your own business.
I wasn't born with money stolen via exploitation. Not an option for me and 95% of the planet.
You don't need much money to open a business. You just need to pay a small fee to register a company, anyone can manage that.
Does this small fee include cushion money for not turning a profit in years?
Wut?
On average, businesses do not even break even for 18 months, and don't turn a profit for 2 or 3 years, up to 5 for restaurants if they don't fail. How should I pay for things during this time? What happens if I fail, where does the money come from to take care of any debts from taking out loans for the business as that would be the only way for me to achieve the amount of money required to do this?
It's not the same playing field, and to act like it is is just ignorant.
Too bad for you, I guess.
Agreed, but it could be better everyone and I hope you also strive to make that happen. Take care