3 ms·
Corporate vs family/sole proprietorship could be one way to describe.
by joubert 6y ago
Corporate vs family/sole proprietorship could be one way to describe.
- qwerty456127 6y agoIt still can be technically a corporation, even if the corporation is owned by a single person, a family or a small team of friends.
- bluGill 6y agoGiven the tax and liability laws in the US only a fool farmer isn't a corporation. Hobby farm is the most likely way to fall into that - if you are doing it for fun you don't really care that there might be a better way.
- joubert 6y agoYep. I was thinking of it more in a qualitative sense, similar to characterizing a phrasing/word choice as “corporate-speak” whether or not it is made by a corporation or not. But perhaps there’s a better descriptor that also travels across cultures and legal frameworks (e.g. not all jurisdictions use the “corporation” nomenclature). From Wikipedia: “ In American English, the word corporation is most often used to describe large business corporations.[7] In British English and in the Commonwealth countries, the term company is more widely used to describe the same sort of entity while the word corporation encompasses all incorporated entities.” Communicating ideas precisely yet with nuance is a fun challenge :-)