mikes notes for first comm exam Flashcards
enterpreur vs small bussiness
much debate about small bussiness owner and if they are enterperuters/francise
private equity
take a public company private or invest in private companies. goal is to take a private company public through IPO or by adding debt or equity to the companies balance sheet and helping ur ri improve sales
limited partenership
A partnership with one or more general partners who have unlimited liability and one or more limited partners whose liability is limited to the amount of their investment in the company
limited liablighty paternship
similar to a general partnership expect that partners are not held responsible for the bussiness debt and liablities, gives limted liablity to every owner/protects every partner from debt against partnership
limited liablity company
A hybrid organization that offers the same liabliytu protection as a cooperation but may be taxed as either a partnership or a cooperation
protects from personal liablites in most cases
tax benefits of sole properities + partnership + limited liablity protection
certified B cooperation
A certification by B lab that requires companies to meet migrants standards for transportation, accountability and social environment performance
Arenas Strategy
in strategy where the firm will be active and with how much empahsis
Vechiles staregy
In strategy, how a company will achieve its objective for example, internal development versus acquistions
