What is not giving up control / tax deductible but there is a date the payment is due, you must pay interest, and you could be forced to file for bankrupcy
100
Initial Public Offering and Seasoned Equity Offering
What is IPO and SEO
100
3 goals of a business
What is profitability, social responsibility, and ethical behavior
100
An organization that has pros of independence and a simple start up but cons of unlimited liability, collateral for loan, lack of continuity, and limited capital.
What is Sole Proprietorship
100
Issues to owner of a private company, friends, family, angel investors
What is Private Preferred Stock
200
Pros and Cons of Equity
What is no obligation to pay back, expertise, quick money but you lose control and there is double taxation
200
Money goes from buyer to seller, not to the company
What is the secondary market
200
Reasons a business succeeds
What is demand, dedication, drive, capital, experience, and luck
200
Hybrid form of a corporation and a partnership AND its pros and cons
What is LLC (pros: tax benefits, limited liability to self) (cons: lack of case law, varies state to state)
200
Do not pay dividends
What is Private Preferred Stock
300
Debt that comes from small bank loans, private placements, or bank loans
What is private debt
300
Best Efforts, Underwritten, and Auctions
What is IPO Sales
300
The 4 reasons why a business fails
What is lack of capital, poor management, weak control system, and neglect
300
What two organizations have the same CONS
What is general partnership and sole proprietorship
300
promises to pay dividends
What is Public Preferred Stock
400
Public debt that is unsecured and has a maturity of less than 10 years
What are notes
400
Difference between preferred and common stock
What is common stock often gives voting rights but has no dedication to pay dividends, preferred stocks gets money before common stock and has a set amount of money for dividends much like a bond has coupon payments
400
Someone who has invested in a business and is directly affected by the business' success or failure
What is a stakeholder (customers, employees, investors, supplies, community, government)
400
Used for doctors, lawyers, and accountants
What is an LLP
400
price does not change
What is Public Preferred Stock
500
Sophisticated investors (individuals or private clubs) that invest large sums of money to new businesses
What are angel investors
500
Fitch, Standard & Poor, and Moodys
What are major rating agencies
500
The 8 functional areas of a business
What is Business Development, Legal Advice, Sales and Marketing, Management, Accounting, Finance, IT, and Human Resources
500
The cons of this organization is the limited capital and limited number of owners