A few week ago a group called the Business Roundtable issued a statement that caught our eye. They issued a statement summarizing the Purpose of a Corporation that has expanded it beyond what they’ve supported for the past 40 years which has been a focus on increasing shareholder value.
This is a question business owners ask themselves throughout nearly every stage of business. Quite often depending on the day and even the time of day, the answer may vary tremendously. It can come up as you’re getting ready to launch your business or when you’re thinking about exiting your business.