Limited company and Mentoring: Difference between pages

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Abbreviation for Limited liability company.
''Working effectively with others.''


Mentoring is when an independent experienced person, known as a mentor, advises and supports less experienced people, sometimes known as 'mentees'.


In a limited liability company the liability of the members is restricted to a predefined amount.


In the case of a company ''limited by shares'' the members' liability is restricted to the amount, if any, unpaid on the shares they hold.
==See also==
*[[Association of Corporate Treasurers]]
*[[Coach]]
*[[European Mentoring & Coaching Council]]
*[[Reciprocal mentoring]]
*[[Reverse mentoring]]
*[[Working effectively with others]]


Almost all commercial companies are of this type.


==The ACT's Mentor Me scheme==


In a company ''limited by guarantee'' the liability of the members is restricted to a predefined amount which the members guarantee to contribute (on the event of any winding up of the company).
The ACT runs a mentoring matching service for its members and students.


[https://www.treasurers.org/cpd/mentoring Mentor Me]


The purpose is to encourage enterprise by reducing the risk of personal bankruptcy.
[[Category:Commercial_drive_and_organisation]]
 
[[Category:Influencing]]
Balancing the benefits of limited liability for the members, the company itself must prepare and file financial and other information at the companies registry, to enable creditors and others to access data relevant to the creditworthiness of the organisation.
[[Category:Self_management_and_accountability]]
 
[[Category:Working_effectively_with_others]]
 
[[Category:Planning_and_projects]]
== See also ==
[[Category:The_business_context]]
* [[Bankruptcy]]
* [[Companies registry]]
* [[Company]]
* [[Creditors]]
* [[Creditworthiness]]
* [[Limited by guarantee]]
* [[Limited liability]]
* [[Public limited company]]
* [[Unlimited company]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 20:13, 2 December 2022

Working effectively with others.

Mentoring is when an independent experienced person, known as a mentor, advises and supports less experienced people, sometimes known as 'mentees'.


See also


The ACT's Mentor Me scheme

The ACT runs a mentoring matching service for its members and students.

Mentor Me

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