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Going Public, A Big Place
The stock market is a big place. Bigger than any small business owner could ever dream. But some do dream. Those special people take risks, pushing ahead after every fall. I am one of those people. My company, which makes pencil erasers that look like movie stars, is about to make a big leap into the stock market. The limited liability, unlimited life, and additional money from investors are important to the company’s growth. The company will improve its financial base in order to widen the selection of its items to use those qualities’ full potential.
Limited liability means that the business only loses the money that has been invested in the stock market. If the company takes a big hit, such as being sued, the price of the stock will go down, but the company will not go bankrupt. Everyone wants to grow a business to make more money. They go into the stock market to raise money, just as this company needs to do to expand its position. More money means more cash to buy things with, such as a new production plant to keep up with the demand of the company’s products. The company intends to use the money raised to build a plant to increase production.
Unlimited life is another advantage of a corporation. If an important official leaves or dies, the company will continue to function. For example, if the CEO dies, then the company will not die along with the CEO. It will survive to make money another day. Unlimited life also protects a company from the problems that it may face in the private sector. The corporation shares the risk. Some risks can severely hurt a company, but it has a better chance of surviving the impact.
To improve and widen the selection of pencil erasers that this company makes, it needs to expand production to meet the demands of the market. Making celebrity erasers is unconventional, and a good way to surprise people and make them happy. Children know how important those big pink erasers are on a test or homework, and celebrity erasers are extremely popular. The company will put more color into the erasers and make them seem more lifelike. Also, the company feels that people should have a say in what they want, and it plans to post a survey every month on the Internet. People can vote on the movie star that should be on the next eraser. The company will take the top two, put them on full color erasers, and sell them in stores. This will meet the popular demand of the people we serve, and help increase the demand for our products.
The stock market may be a big place, but the company is ready to take the challenge head on. It will overcome the obstacles the stock market may throw its way. It will not only meet the demand, but also surpass it with flying colors. With a stronger financial base, the company will be ready to take the world’s celebrity pencil eraser market, show it something new, and rise to the top. This optimistic approach about the company’s future is sure to be a bright and prosperous one. The company will use the money raised by selling shares in its corporation to expand and secure its position among the top companies in the world.
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