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Principles of Finance: Unit 1, Company Formation, Structure, Inception 97 Views


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Description:

How is a company... born? Can it be performed via C-section? Is there a midwife present? Do its parents get in a fight over what to name it? In this unit, we'll get into the nitty-gritty with regard to the formation, structure and inception of a fledgling company. You may not be raising an actual baby, but you will be raising funds. Let's hope they have their mother's cheekbones.

Language:
English Language

Transcript

00:00

finance 101- a la shmoop. a company is a baby.

00:05

maybe it's your baby. after all you started it in your garage .well it was [woman smiles]

00:11

almost 1980s comedy style accident but you had a vision for what it would be

00:16

when it grew up and just like the parent of a human ,you as Sheparder of a

00:21

company realized that it would take a bunch of other business people to raise [people in front of house]

00:25

that baby in your garage. by the way the garage has heating so don't worry. are

00:30

the company slash babies food in this case is money. you raising funding in

00:35

various ways. you have partners cohorts bankers investors employees and [definitions]

00:40

customers. they all focus on different things and in this lesson we'll review

00:45

how you form your company and its staff from every perspective. after all maybe

00:49

you're bouncing baby company starts as a sole proprietorship and then evolves to [baby with brief case on it's head]

00:54

a limited liability corporation, only then to upgrade to being a C or an S

00:59

corporation. lost well don't worry we'll give you the details on all of these [man in front of whiteboard]

01:03

legal vehicles of no diaper-changing required.

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