Enterprise News
The word "company" derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded legal rights to business entities. In most international locations, there are laws that treat small firms in another way from giant ones. They may be exempt from certain legal filing necessities or labor laws, have simplified procedures in specialised areas, and have simplified, advantageous, or slightly different tax treatment. General partners in a partnership , plus anybody who personally owns and operates a business with out creating a separate legal entity, are personally responsible for the money owed and obligations of the business. A mother or father firm is a company that owns sufficient voting stock in one other agency to regulate administration and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the mother or father company. "Going public" via a process often known as an preli