Cooperative: Often referred to as a "co-op", a cooperative is a limited-liability business that can organize as for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority. Cooperatives are typically classified as either consumer cooperatives or worker cooperatives. Cooperatives are fundamental to the ideology of economic democracy.
My wife and I used the services of PBS for the sale of our company, WPA Cleaning. The main thing that impressed us was the easy friendly use of the services. We were always given updates on progress and out of hours response. Easy to find and park when we went to their offices. The settling agent they use was also very easy to use. We would recommend PBS and Paul & Russell for the sale of your company.
Many businesses are operated through a separate entity such as a corporation or a partnership (either formed with or without limited liability). Most legal jurisdictions allow people to organize such an entity by filing certain charter documents with the relevant Secretary of State or equivalent and complying with certain other ongoing obligations. The relationships and legal rights of shareholders, limited partners, or members are governed partly by the charter documents and partly by the law of the jurisdiction where the entity is organized. Generally speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a limited liability company are shielded from personal liability for the debts and obligations of the entity, which is legally treated as a separate "person". This means that unless there is misconduct, the owner's own possessions are strongly protected in law if the business does not succeed.
Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services).[need quotation to verify] Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors."
Prior to your appointment we had run our own series of advertisements in Victoria, but were making little progress. From only 2 advertisements you were able to produce a number of prospective purchasers which resulted in a full price offer being received within 5 weeks of your appointment. This was extremely pleasing as car care is not yet an established brand in Victoria. Your business report was particularly well presented and is far more professional in appearance and content than we have seen from any of your competitors.
I would like to take this opportunity to thank you for your efforts in selling my business. Selling a business requires a large degree of Skill and Trust especially in a Challenging Market Place. Due to your high-quality Product, Service and Tenacious efforts you not only found the right buyer, but you also made the whole process easy. Achieving a good price and smooth transition, freeing me up to capitalise on the next opportunity. Thanks again Paul for finding the Ideal buyer and being a man of your word. I will be recommending your services to anyone looking for a Smooth and hassle-free business sale.
From our initial contact, when you patiently explained the detai1s and benefits of your Business Search Programme, right through until settlement, the service has always been professional and prompt. As I am sure you will remember, even at times when I was pushing for you to take action regarding negotiations while you were on a break down south with your family, you did not hesitate to act at once on my behalf, which resulted directly in the desired outcome.
(= 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
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.
The proliferation and increasing complexity of the laws governing business have forced increasing specialization in corporate law. It is not unheard of for certain kinds of corporate transactions to require a team of five to ten attorneys due to sprawling regulation. Commercial law spans general corporate law, employment and labor law, health-care law, securities law, mergers and acquisitions, tax law, employee benefit plans, food and drug regulation, intellectual property law on copyrights, patents, trademarks, telecommunications law, and financing.
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