I thought when you take on the role of opening up your own business, you become the ceo automattically? Like, if I start a real estate investment company, would i be the founder, or the ceo? I know of a millionaire who is the founder of his real estate investment company, but i dont know why that would be. What is the difference?
My company is called Inca Corporation of America. I never did anythiing with it, and i told the irs that i was the ceo. Should I be the Founder?
2007-06-24 14:18:33 · 2 answers · asked by Anonymous in Business & Finance ➔ Corporations
Ok, so can the founder legally run the business?
2007-06-24 14:52:24 · update #1
The Founder is the person who started (registered) the business.
The CEO is the person who runs the business.
it could be the Founder, as in your case.
Or you could hire someone to do it.
As Founder, you might also be Chairman of the Board.
2007-06-24 14:28:51 · answer #1 · answered by Robert S 7 · 0⤊ 0⤋
I agree 100% with the answer above.
2007-06-24 22:22:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋