This clip tells the story of how the company that makes Didee Snug Diapers came to be. The company founder decided early on to give up his original 100% ownership position in order to attract investors who could provide financial support.
Subject: stock
Transcript: SIS A PRIVATE PLACEMENT. AND I RAISE A HALF A MILLION DOLLARS IN ABOUT THREE MONTHS AND SOLD PEOPLE STOCK, SO I INCORPORATED. SOLD SOME STOCK IN THE
This clip examines the corporation as a form of legal organization. The major advantage of the corporation is that it insulates the business owner from liability. It also offers tax flexibility, and allows employees to participate in various types o...
Subject: stock
Transcript: ONCE ESTABLISHED, CAN CONTINUE TO FUNCTION EVEN IF THE ORIGINAL OWNERS LEAVE THE COMPANY OR DIE. A TYPICAL CORPORATION ISSUES STOCK AND IS OWNED BY ANY