Quotes About Corporation

Cindy realized that if they created a Wyoming corporation to be the ad agency they could minimize their state taxes.

The two main reasons you need to Start Your Own Corporation are for protection against lawsuits and against excessive taxes

Corporation: An ingenious device for obtaining profit without individual responsibility.

Value of a corporation should be distributed not only to its leadership but also to the communities in which it operates and to the world

The CorpSeCorps always substituted rumour for action, if action would cost them anything. They believed in the bottom line.

Anyone who wants to overthrow an established power--a government, an army, or even a dominant corporation--must, first and foremost, believe they are fulfilling a kind of historic destiny.

Corporations are traditionally built around the CEO, with all his perks and power. The closer you get to being king/CEO, the more influence and power you have. The goal of the corporation is to enrich the king and to keep him in power. And then, recently, something happened.

Inverted totalitarianism, in contrast, while exploiting the authority and resources of the state, gains its dynamic by combining with other forms of power, such as evangelical religions, and most notably by encouraging a symbiotic relationship between traditional government and the system of "private" governance represented by the modern business corporation.

Made by General Motors, on order from Sears Roebuck.

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

But how do we know the value of our finished goods?" she asks. "First of all, the market determines the value of the product," says Lou. "And in order for the corporation to make money, the value of the product—and the price we're charging—has to be greater than the combination of the investment in inventory and the total operational expense per unit of what we sell.

The shareholders, the investors in the corporation, were liable only to the extent of their contribution to the business.

Brendan makes $200,000 a year in his pool cleaning business. As a single-member LLC, he would pay over $18,000 in payroll taxes on the entire $200,000 profit. If Brendan used an S corporation and paid himself a $72,000 a year salary and flowed the rest through as profits without payroll taxes, his payroll taxes would be $11,000 per year. As such, Brendan could save $7,000 a year, year in and year out, by using an S corporation over an LLC. Who says choice of entity isn't important?

The owners' liability is limited to the monies they used to start the corporation, not all of their other personal assets.

When holding an asset, as a general rule you will be better protected using an LLC instead of a corporation.

When shareholders receive distributions from a corporation the transaction is taxed.

In a C corporation, the profits are taxed at the corporate level and then taxed again when a dividend is paid to the shareholder.

If you've got a corporation, and you throw out one of the founding partners that is responsible in part for making the organization what it is today, you have to compensate that person. You have to come to a settlement.

Finally, you can keep the money in the corporation and wait until you die. Obviously, this isn't my favorite technique. However, upon death, your heirs get a step up in basis for the corporate stock and can liquidate the corporation and receive the proceeds tax free.

The idea that a corporation should bear no responsibility to anything other than the financial bottom line of its stockholders destroys the

Endeavour could be contacted only through PLANETCOM, which was an autonomous corporation famous for the strictness and efficiency of its accounting. It took a long time to establish a line of credit with PLANETCOM. Somewhere, someone was working on this, but, at the moment, PLANETCOM's hardhearted computers did not recognize the existence of the Rama Committee.

Existing businesses aspiring to become adaptive corporations need to commit to understanding what exactly an adaptive innovator is and how that differs from both systemic designers and knowledge workers. In the end, they will actually need conscious planning to move them from a decades-imbedded orientation of knowledge work, to a new mindset of continuous adaptive innovation centered on the customer.

Du Pont bought the leases on the Waldorf-Astoria from the Boldt estate in 1918 and created the Waldorf-Astoria Realty Corporation to operate the hotel.

In September 1929, the Empire State Building Corporation rented space for its executive offices at 200 Madison Avenue. The building, on the west side of Madison