{"id":16171,"date":"2022-11-18T06:38:24","date_gmt":"2022-11-18T11:38:24","guid":{"rendered":"https:\/\/lmshero.com\/?p=16171"},"modified":"2022-12-10T12:03:07","modified_gmt":"2022-12-10T17:03:07","slug":"what-are-corporate-companies","status":"publish","type":"post","link":"https:\/\/lmshero.com\/what-are-corporate-companies\/","title":{"rendered":"What Are Corporate Companies: Meaning, Types, Pros & Cons"},"content":{"rendered":"\n
Corporate companies or corporations are large businesses owned by shareholders. What do they have in common? That would be profit-making. Popular examples include Coca-Cola, Google Inc., Microsoft Corp, and Toyota Motor Corp.<\/p>\n\n\n\n
While their definitions may vary from one jurisdiction to another, it is worth mentioning that all corporations are companies but not all companies are corporations. <\/p>\n\n\n\n
A company is a general term for organizations with or without legal affiliation. Corporations, on the other hand, are companies with legal recognition and permission. <\/p>\n\n\n\n
In this guide, both terms will be representing only legal entities. I will also be explaining what corporate companies are, how they operate, their bright side, how to start one and the reasons for their liquidation.<\/p>\n\n\n\n