(= advantage) → Vorteil m; (= profit) → Nutzen m, → Gewinn m; to derive or get benefit from something → aus etw Nutzen ziehen; for the benefit of his family/the poor → zum Wohl or für das Wohl seiner Familie/der Armen; for the benefit of your health → Ihrer Gesundheit zuliebe, um Ihrer Gesundheit willen; for your benefit → Ihretwegen, um Ihretwillen (geh); this money is for the benefit of the blind → dieses Geld kommt den Blinden zugute; it is for his benefit that this was done → das ist seinetwegen geschehen; to give somebody the benefit of the doubt → im Zweifelsfall zu jds Gunsten entscheiden; we should give him the benefit of the doubt → wir sollten das zu seinen Gunsten auslegen
A company limited by shares: The most common form of the company used for business ventures. Specifically, a limited company is a "company in which the liability of each shareholder is limited to the amount individually invested" with corporations being "the most common example of a limited company." This type of company is common in England and many English-speaking countries. A company limited by shares may be a
Financial services businesses include banks, brokerage firms, credit unions, credit cards, insurance companies, asset and investment companies such as private equity firms, private equity funds, real estate investment trusts, sovereign wealth funds, pension funds, mutual funds, index funds, and hedge funds, stock exchanges, and other companies that generate profits through investment and management of capital.
Marketing is defined by the American Marketing Association as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large." The term developed from the original meaning which referred literally to going to a market to buy or sell goods or services. Marketing tactics include advertising as well as determining product pricing.
Franchises: A franchise is a system in which entrepreneurs purchase the rights to open and run a business from a larger corporation. Franchising in the United States is widespread and is a major economic powerhouse. One out of twelve retail businesses in the United States are franchised and 8 million people are employed in a franchised business.
A very detailed and well-established body of rules that evolved over a very long period of time applies to commercial transactions. The need to regulate trade and commerce and resolve business disputes helped shape the creation of law and courts. The Code of Hammurabi dates back to about 1772 BC for example, and contains provisions that relate, among other matters, to shipping costs and dealings between merchants and brokers. The word "corporation" derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded legal rights to business entities.
this is just a short note to thank you for your service in both the purchase and the sale of this business over the past 6 months. I will have no hesitation in recommending you to any possible purchaser and vendors, as indeed I have already recommended you to my brother for the sale of his business. I believe you have acted with the best of intentions and integrity at all times and wish you well for the future.
The size and scope of the business firm and its structure, management, and ownership, broadly analyzed in the theory of the firm. Generally, a smaller business is more flexible, while larger businesses, or those with wider ownership or more formal structures, will usually tend to be organized as corporations or (less often) partnerships. In addition, a business that wishes to raise money on a stock market or to be owned by a wide range of people will often be required to adopt a specific legal form to do so.
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