Who We Are
Randall Miller Holdings is a community investment company in Pasadena that provides proprietorship in terms of other companies’ stock. We are a company that owns assets; albeit we do not engage in operations, activities and other active business itself, we set sights on owning shares of other companies to create a corporate group. Such investments are stocks, bonds, mutual funds, real estate, copyrights — practically anything of value.
So how do we run this business? This interpretation might help — imagine that your friend is investing in a bookstore business. He makes a considerable amount of profit out of that and he asks if you want and would like to own a share of the company. You wanted to take part in his venture but not directly. You reasoned out that you don’t want to burden yourself with any personal liability or misfortune your friend’s bookstore business might undergo. There, you have established a holding company. From the perspective of a holding company, you are not going to personally sell books from the fictional bookstore. Let your friend’s hired staff do the work. Supervision is your key accountability and making sure that you help your subsidiaries achieve the target that the board is expecting of them is also within your scope.
What We Do
As a company that doesn’t involve itself in any marketing operation, we basically, are the backbone of an incorporation. When annexes pay out their revenues to us, it is now our liability to invest that allotment in a more profitable, working expenditure. When that happens, we are able to make a profit out of a slow-growing enterprise and turn it around for a ground-breaking boosting. One of the advantages of a holding company is that we assure unanimity and control of subsidiaries in and out of the country. Holding companies allow reinforcement and a series of management turnover, so when instances like helping the least profiting subsidiary occurs, we can respond immediately.
Considering that we are a parent corporation that holds majority of other companies’ stocks, Randall Miller Holdings is responsible for executive supervision, support, setting risk management criterion, and positioning the right people in the right places to a better alignment in our corporate strategy. One great thing about holding company is that it typically consists of myriad businesses. The diversification and adeptness that this shared or reduced costs bring, often make holding companies less vulnerable business than those operating in a niche or individual businesses.
You may experience the difficulty of funding a business that is about to go on a reconstruction, but when you are under a holding company that is successful and profitable, you won’t experience difficulty from availing financial assistance. As a company that holds control over group in the founder’s management during development years, Randall Miller Holdings sets up an incorporated system for the
Financial assets of its subsidiaries. Holding Companies might have feelings of disdain sometimes due to differentiated of opinions, but still, it is considered as one of the most successful ventures in the world.