Hi, I'm Jane Hughes and I'm starting a business making bicycles and I'm starting to sell more than ever before.
In order to keep up with this, I will find nine other people to invest stock into my business to build a factory.
Of these stockholders, they later have the ability to elect a group of directors and a leader, which they pick me to lead and take responsibility for deciding the companies policies.
After making a large amount of profits, our company sees a large opportunity to buy a skateboard company which will help our company grow even more.
Since the company starts doing well, the stockholders with preferred stock receive a large income in the form of dividends. However, since the company is still small people of original common stockholders are able to sell their stocks for cash.
The company continues to grow and eventually the company is asked to list on the New York Stock Exchange. If the company is accepted we can sell and buy stock through the NYSE that are go across nations.