Entrepreneurship ch 2

Išbandykite nemokamai!

story board on joint stock company

I plan to start a vegetable chips manufacturing company in our country. I think it will be a much better alternative for people who follow a healthy lifestyle but crave for snacks.
So, what do you plan on doing now?
Joint stock company? What is that? I don't know much about it as I am a BS.C Nutrition graduate.
Since the size of your business is large-scale, why don't you go with joint stock company?
Sorry for intruding, but I couldn't help it when I heard business. May I help?
Sure.
So. basically a company is an association of many persons who contribute money or money's worth to a common stock and employ it's trade or business and who share profits and losses arising there from.
Elaborate please?
You forgot to mention that there are two types of companies: Private and public company
But in a public company, minimum number od members are 7 with no upper limit. It also doesn't restrict rights of members to transfer their shares.
A private company has a minimum of 2 members and a maximum of 200 members excluding its past and present employees.
In a public company, the minimum paid up capital is 5 lakhs and the word "ltd." is used for it, whereas in a private company, it is 1 lakh and "pvt.ltd.".
But unlike the public company, a private company prohibits an invitation to the public to subscribe for any shares, or debentures of the company, or accept deposits from people other than its directors, members and relatives.

Sukurta daugiau nei 30 milijonų siužetinių lentelių