Profiting As An Entrepreneur
Lesson summary:
This lesson discusses different ways of raising capital for a lemonade stand business. The business owner can either reinvest the profits back into the business, pay dividends to themselves, sell the entire business or sell a portion of it privately or through an IPO. Taking the business public requires disclosing information to the public and the Securities and Exchange Commission, but it can result in raising money and obtaining a high price for the shares sold. It’s important to determine the value of the business before considering selling or going public.