3 ms·
Y'all are arguing about a specific class of corporation while using the word "company". A company could be one guy with an LLC, and that one guy is obligated by
by dingnuts 3y ago
Y'all are arguing about a specific class of corporation while using the word "company". A company could be one guy with an LLC, and that one guy is obligated by no law or person to earn a profit as long as he can sustain the costs of the business. A great example of a company that appears to be operating at a loss for a very long time because of the beliefs of the founder/owner is Canonical.
If he cannot sustain the costs of the business then I guess you can argue that there's a law of nature in play saying that the proprietor has to earn some amount of profit just to exist, but if you're shaking your fist at Nature demanding that we produce the value that we intend to consume, well, good luck. You may as well be upset about the existence of gravity, or that food must be grown or hunted in order to be eaten.