Founders:

1. Motivational traits of prospective entrepreneurs -- 2. Role of entrepreneurs in launching new businesses -- 3. Founder's traits and skills -- 4. Founder's preformation duties and liabilities -- 5. Founder's relationships and agreements -- 6. Founders and organizational culture -- 7...

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Bibliographische Detailangaben
1. Verfasser: Gutterman, Alan S. 1955- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York, New York (222 East 46th Street, New York, NY 10017) Business Expert Press 2018
Ausgabe:First edition
Schriftenreihe:Entrepreneurship and small business management collection
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Zusammenfassung:1. Motivational traits of prospective entrepreneurs -- 2. Role of entrepreneurs in launching new businesses -- 3. Founder's traits and skills -- 4. Founder's preformation duties and liabilities -- 5. Founder's relationships and agreements -- 6. Founders and organizational culture -- 7. Founder's role with IPO firms -- About the author -- Index
The terms "founder" and "promoter" are used frequently when discussing new businesses. Neither of these terms has a particular technical legal meaning and they are used somewhat interchangeably in practice. However, it is useful and accurate to think of a "founder" as a person who assists in the formation of a new business and then continues to devote a significant amount of time and resources to the operation of business once it has been formed. The founders often become the officers, directors, general partners, or managing members, and the term "founding shareholder" or "founding president," for example, is often used to refer to one of the first shareholders of a corporation or a corporation's first president.
A promoter, on the other hand, is a person, including possibly a legal entity, who assists in the formation of a business entity or obtaining subscriptions for its ownership interests, but who does not necessarily have any continuing relationship to the business once it is formed and funded. It is not surprising to find that founders play a pivotal role in the success of any new business even in situations where the founder is active in the business for only a short period of time and responsibility for oversight of the business is turned over to professional managers who were not affiliated with the business at inception. Founders not only bring the original business idea to the table, but they also have a substantial influence on the organizational culture and values and goals of the initial managers and employees who live on for a significant period of time.
Beschreibung:Includes bibliographical references and index
Beschreibung:1 Online-Ressource (vi, 197 pages)
ISBN:9781948976565
9781948976558

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