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Hybrid Forms of Organization

Although the three basic types of organization—proprietorships, partnerships, and corporations—dominate the business scene, several hybrid forms are gaining popularity. For example, there are some specialized types of partnerships that have somewhat different characteristics than the “plain vanilla” kind. First, it is possible to limit the liabilities of some of the partners by establishing a limited [...]

Elements To Give More Energy For Your Company

Organizations must operate within a set of principled behaviors. A solid set of principles can be used to benchmark your story. Ask yourself a simple question: “If we do this, are we violating any sensible business principles?” You must have a single business focus to create congruence for your story. You cannot be all things [...]