Subchapter S

Articles

• Funding and firm creation
  17 May 2011, by Bernard Zimmern

  Companies created by necessity and companies created by opportunity
  In order to create a company, you need cash to allow the company to survive at least for the sales to balance the expenditures.
  That is why most of the companies are created without employee, with minimum fixed costs. But they create few or no jobs, managing, but not all, to feed their creator. Following a categorization given by the Global Entrepreneurship Monitor (GEM), one has to distinguish companies created by (...)

• Taxation and Start-ups Financing
  27 May 2011, by Bernard Zimmern

  The role of taxation in business creation is often considered minor, history, temperament, entrepreneurial, bureaucratic obstacles, labor law, etc. being judged more important. The story of President Reagan, on the contrary, shows that taxation is a key factor, as it was able to stop the entrepreneurial spirit of Americans, considered internationally as among the most enterprising. In 1986, the President erases all the loopholes (tax incentives), including those that encouraged to invest (...)