Entity concept

Abstract: The scale and scope of modern integrated business enterprise that emerged in the late nineteenth century required distinctive professional management skills and huge capital investments that often necessitated risk sharing through dispersed stock ownership. Under something like the property conception, an active market for corporate control might exist to discipline and remove inefficient corporate management. One would think that whether the corporation law endorses the property conception or the social entity conception would have important consequences. But the ever-emergent quality of law suggests that the resolution of the conceptual conflict that was reached in the late 1980s by the endorsement of the entity concept, will not be a final answer to the question, what is a corporation. For most of the century the lack of agreement on the ultimate nature and purpose of the business corporation has not generated intense conflict.

Abstract: A collective business system including participants engaged in a common field of business endeavor, a plurality of suppliers of business support mechanisms of interest to the participants and a for-profit hub business entity for managing transactions between the suppliers, the participants and their customers. Under the system, the independently owned and operated participants are assigned geographically protected business locations, as well as one or more of volume discounts of goods and services, national marketing capacity, discount capital financing for purchase of costly technology and machinery, access to information technology, logistics support or other business support mechanisms. The assets of the hub business entity are substantially liquid asset based and the hub business entity enables, controls and derives income from transactions between the suppliers and participants. The system enables the participants to compete effectively with much larger corporate or similar entities or franchises in the same or similar industry or profession without sacrificing their independence.

Abstract: Embodiments of a system and method are described for determining whether an applicant is a multiple-business owner and for providing information related to multiple-business owners to a financial service provider or other client. According to one embodiment, a computing system is provided to collect and store business data and identify business owners associated with multiple business records.

Abstract: Systems, methods, and computer program products for generating a narrative financial analysis of a financial statement of a business entity are provided. Financial information about a business entity is obtained from a user. A set of financial values is calculated based on the received financial information. The calculated values are compared to values calculated for the same business entity over time or to different business entities in the same industry. Scores are assigned to the financial values based on the comparison. For each combination of scores, text is dynamically selected to generate a narrative financial analysis report. The narrative financial analysis report includes text that explains the meaning of each combination of scores in a narrative format.