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Principles of Finance: Unit 1, Company Formation, Structure, Inception 96 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.

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English Language

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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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