GMS 200 Lecture : Wrap up - Entrepreneurship/Organization

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Family owned business account for 35% of all fortune 500 companies, they account for 50% of u. s. gross domestic product. owned and financially controlled by family members. can provide an ideal business situation can set up new processes etc. problems unique to family businesses: family business feud, succession problem. sources of outside financing: debt financing (loans from a bank, any financial institution. Whoever gives you the loan doesn"t have any ownership stake in your company, but you have a liability to pay back the loan with interest: equity financing (enroll yourself on the stock exchange. Diluting your ownership, but you have no liability to pay back) equity financing alternatives: venture capitalists, initial public offerings, angel investors (individuals who have a lot of money, who like a certain idea and want to invest in it) organizing: the process of arranging people and other resources to work together to accomplish a goal.