A franchisee is an individual or company that has been granted the rights to open and operate a franchise of a larger corporation. The franchisee pays the franchisor an initial fee and ongoing royalties in exchange for the use of the franchisor’s name, logo, and business model. The franchisor provides the franchisee with training, support, … Read more
. Strategic Alliances: How They Work in Business What are the 5 components of a strategic relationship? The 5 components of a strategic relationship are as follows: 1. A shared vision or goal: This is perhaps the most important component of a successful strategic relationship, as it provides a sense of purpose and direction for … Read more
Publicly traded partnerships (PTPs) are business entities that are organized as partnerships for federal income tax purposes, but which trade on a national securities exchange. PTPs are also sometimes called publicly traded limited partnerships (PTLPs). PTPs offer investors the potential for high returns, but they also involve a high degree of risk. PTPs are often … Read more
K.. A Public Limited Company (PLC) is a type of corporation that is limited by shares and offers shares to the public. It is the most common type of corporation in the United Kingdom and is also the most common type of publicly traded company in the world. A PLC must have a minimum of … Read more
A financial holding company (FHC) is a bank holding company that has been granted certain powers by the U.S. government. FHCs are allowed to engage in a wider range of activities than traditional bank holding companies. These activities include investment banking, insurance, and merchant banking. FHCs were created in 1999 by the Gramm-Leach-Bliley Act (GLBA). … Read more
Incorporation: What It Is, How It Works, and Why You Might Want to Do It. What are the powers of corporation? A corporation is an entity that is legally authorized to act on behalf of its shareholders. The shareholders of a corporation elect a board of directors to oversee the corporation’s affairs and make decisions … Read more
A limited partner is an individual or entity who commits capital to a partnership, but who does not take part in the day-to-day management of the partnership’s business. The limited partner’s liability is limited to the amount of their investment, and they are not responsible for any debts or obligations of the partnership. Limited partners … Read more
A franchisor is defined as a business that licenses its trademarks, trade dress, and other intellectual property to a franchisee in exchange for a fee. The franchisor also provides the franchisee with an operating manual, training, and other support. What are the elements of franchise? There are three key elements to a franchise: the franchisor, … Read more
A silent partner is an individual who provides financial backing for a business venture, but who is not actively involved in the day-to-day operations of the business. Silent partners are typically wealthy individuals or institutions, such as venture capital firms, who are looking for a high-risk, high-reward investment. While silent partners do not have an … Read more
A limited company is a type of corporation that offers limited liability to its shareholders. This means that shareholders are only liable for the debts of the company up to the amount they have invested in the company. Limited liability companies are the most common type of corporation in the United States. Sole proprietorships and … Read more
