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Nov13
10th Reason to Go Private: Golf
The tenth reason to go or remain private is golf.  Yes, golf.  And bonuses.

If you are spending less time on regulatory compliance, among other things you can do with your time is golf. 

golfer.jpgIf you are spending less money on regulatory compliance, among other things you can do with your money is pay bonuses to key employees like, I dunno, yourself.

I don't wish to suggest that you can or should abuse executive privileges for your own benefit in a private company; I do wish to suggest that your private company board should reward you generously for increasing profits by going private.

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