Hello, I'm toying with the idea of setting up a business. A point of curiosity to me is the title given to the 'owner' of the business. There seems to be a variety of titles that seem to be used interchangeably to me at least e.g CEO, MD etc. So, as a sole trader, what can I call myself and does it depend on the legal status of the business (e.g. a Ltd company etc). Thanks in advance.
Other than "Director" which has a specific legal meaning.Titles don't usually mean a whole lot
It's not unusual for the MD of a family-owned or otherwise privately owned company NOT to have any shareholding.MD: is broadly used for UK based limited companies. He role would be like any other director and a senior manager [he will be a share holder, may not be the one with majority of shares]
As I said in the original post, my concern for the title is "a point of curiosity"...it is not a "main concern". From the feedback I've received I think its best if I give myself no title....or just call myself Mr. Squonk!Firstly, I don't want to be harsh but I would have some concerns on the prospects for for the success of your business if one of your main concerns at the start is what to call yourself. Out of interest, I set up my own business some time ago and called myself "Principal". It would seem a bit OTT to call yourself CEO, President, Chairman, Managing Director, etc. if there's no-one other than yourself.
You're right..let's keep it simple ...how about King Squonk!It really depends on the business. How about Mr. Squonk - Head Honcho!!
You're right..let's keep it simple ...how about King Squonk!
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