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      <title>Company Forms by </title>
      <link>https://padlet.com/janika19/mahops9ttn3n</link>
      <description>Group 11
Janika Terho, Miljalotta Juselius, Milla Sirviö ja Jan Ylikotila</description>
      <language>en-us</language>
      <pubDate>2020-01-14 18:09:04 UTC</pubDate>
      <lastBuildDate>2025-11-11 23:10:52 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
      <image>
         <url></url>
      </image>
      <item>
         <title>Definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466796</link>
         <description><![CDATA[<div>A merger is an agreement that unites two existing companies into one new company. Mergers and acquisitions are commonly done to expand a company's reach, expand into new segments, or gain market share. One Company will continue working and other companie's resources and liabilities are transferred to one company. It is also possible that start a new business with resources and liabilities.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466796</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466797</link>
         <description><![CDATA[<div>+ Less accounting and administrative costs<br>+More efficient Company<br>+Can produce new products and services <br>- Less different companies<br> -Less workplace<br>- Different companies can cause problems<br>-Difficult for small companies to compete</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466797</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466798</link>
         <description><![CDATA[<div>Disney and Pixar/Marvel<br>Google and Android</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466798</guid>
      </item>
      <item>
         <title>Add definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466799</link>
         <description><![CDATA[<div>A community engaged in economic activity to benefit its members, whose number of members and capital are not been predetermined.<strong><br></strong><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466799</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466800</link>
         <description><![CDATA[<div>+  the law does not impose a minimum capital requirement on a cooperative<br>+ Equal to all participants</div><div>- Credibility in relation to a limited company<br>- Often lot of members, making decision-making more difficult and slow.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466800</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466802</link>
         <description><![CDATA[<div>S group in Finland. Including for example S-markets and Prismas. </div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466802</guid>
      </item>
      <item>
         <title>Definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466803</link>
         <description><![CDATA[<div>A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466803</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466804</link>
         <description><![CDATA[<div>+ New expertise and combined experience <br>+ More resources<br>+ Share risks and costs<br>+ Temporary and amicable <br><br>-  Different working methods and management styles <br>- Lack of commitment <br>- Unclear objectives <br>- Difficult to exit</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466804</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466805</link>
         <description><![CDATA[<div>Regenero</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466805</guid>
      </item>
      <item>
         <title>Definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466806</link>
         <description><![CDATA[<div>An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products.<strong><br></strong><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466806</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466807</link>
         <description><![CDATA[<div>+ Brand and customer base <br>+ Business and marketing support <br>+ Access to proprietary methods <br>+ Ongoing research and development<br><br>- Initial payout <br>- Royalty payments <br>- Limited creativity and flexibility <br>- Locked into operation by long-term contract<br>- Dependent on franchisor success</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466807</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466808</link>
         <description><![CDATA[<div>Gigantti<br>McDonald's<br>R-Kioski</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466808</guid>
      </item>
      <item>
         <title>Definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466809</link>
         <description><![CDATA[<div>A limited company (LC) is a general term for a type of business organization wherein owners' assets and income are separate and distinct from the company's assets and income—known as limited liability.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466809</guid>
      </item>
      <item>
         <title>Public and private limited company</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466810</link>
         <description><![CDATA[<div>Private limited companies cannot offer shares to the general public.<br><br>Public limited companies (PLCs) can raise capital by offering shares to the general public. This structure is more common for larger, more established businesses.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466810</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466811</link>
         <description><![CDATA[<div>+ Minimising personal liability<br>+ Tax efficiency and planning<br>+ Professional status<br>+ Investment and lending opportunities<br>- Required to pay a registration fee to incorporate<br>- Company name is subject to certain restrictions<br>- More complex and time-consuming accounting requirements<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466811</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466812</link>
         <description><![CDATA[<div>A person sets up a business whose operations require large equipment purchases.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466812</guid>
      </item>
      <item>
         <title>Definition</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466814</link>
         <description><![CDATA[<div>A partnership is an arrangement where parties, known as business partners agree to cooperate and make business together.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466814</guid>
      </item>
      <item>
         <title>Limited partnership</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466815</link>
         <description><![CDATA[<div>Some of partners are only contribute financially and are liable to the extend the amount of money that they have invested to company.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466815</guid>
      </item>
      <item>
         <title>General partnerhsip</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466817</link>
         <description><![CDATA[<div> All parties share legal and financial liability equally. The partners are also sharing responsible for debts and profits equally.</div><div><br></div><div><br></div><div><br></div><div><br></div><div><br></div><div><br></div><div><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466817</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466820</link>
         <description><![CDATA[<div>General:<br>+ together in same boat<br>+ simplified taxes <br>+workload can be split according to each partners skills<br>- legal liability<br>-management issues<br>- you have to split profits<br>-you can't make decisions on your own<br><br>Limited:<br>+you have an extra money <br>+ you have an extra set of hands<br>+ you benefit from additional knowledge<br>+you have less financial burden<br>- them both have same cons  <br>-limited partners don't have much say in decision-making, so no voting rights</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466820</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466821</link>
         <description><![CDATA[<div>- Two friends had decided to start a company, they are going to split profits and losses equally. Then a investor wants to invest their company, but he has no voting rights, so he is going to be a silent partner.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466821</guid>
      </item>
      <item>
         <title>An enterprise which is owned and run by one person.</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466822</link>
         <description><![CDATA[<div>Sole proprietorship is also known as the individual entrepreneurship or sole trader.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466822</guid>
      </item>
      <item>
         <title>Sole proprietorship</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466823</link>
         <description><![CDATA[<div>The owner receives all profits and unlimited responsibility for all debts and losses.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466823</guid>
      </item>
      <item>
         <title>Pros and cons</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466825</link>
         <description><![CDATA[<div>+ you are your own boss<br>+ less paperwork<br>+complete control<br>+ you can make all decisions<br>- can't go into business with another person<br>-personally responsible for debt or legal trouble</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466825</guid>
      </item>
      <item>
         <title>Give an example</title>
         <author>janika19</author>
         <link>https://padlet.com/janika19/mahops9ttn3n/wish/431466826</link>
         <description><![CDATA[<div>Example a single person´s art studio, a local grocery or an IT consultation service.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-01-14 18:09:04 UTC</pubDate>
         <guid>https://padlet.com/janika19/mahops9ttn3n/wish/431466826</guid>
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