Making it Rich!
How does one make it rich today?
Private Business evolve into Corporations Sole Proprietorship Partnerships Seiderzard Seiderseleon Seidermander
Why? Owner must constantly seek to raise revenue from investors Sole Proprietorship Corporations Owner must constantly seek to raise revenue from investors Owner is 100% in control and reaps ALL OF THE BENEFITS AND RISKS! Raise large amounts of money Banks more likely to give money since the company goes on after the founder dies Owners/Investor do NOT have to pay debt of business
Franchise A business in which the owner is the only seller of a certain product in a certain area.