ADM 1300 Lecture Notes - Lecture 11: Initial Public Offering, Crowdfunding, Limited Liability

• School: University of Ottawa
• Department: Administration
• Course: ADM 1300
• Professor: Matthew Archibald

Document Summary

> customer validaion, does it add value, will it lead to a compeiive advantage: something that you do beter than everyone else, sustainable: something that you do beter than everyone else over ime) Compeiive advantage: something that you do beter than everyone else, sustainable: something that you do beter than everyone else over ime. Low exit costs (something that you don"t have invest that much into) Equity inancing: allow people to invest for ownership (usually in exchange for ownership in the company) Many resources available: www. canadabusiness. ca, www. investotawa. ca, www. taxips. ca, and there are many, many more resources . Sole proprietorships= a business with only one owner. When management and ownership of a business are one and the same. The oldest form of legal ownership in canada ex. Easy to form/dissolve (can have low entry costs/exist costs) Sole claim on all proits (+losses) (all proits go to you (owner)) Pays only personal income tax=federal and provincial more income, more tax.