Over time, the word “corporation” has come to take on a significantly negative connotation. The word “corporation” is now synonymous with terms like “evil corporations” and ”giant corporations.”
So, I think it’s time to set the record straight so that all of us business owners who operate our businesses as corporations stop feeling the pain.
The term corporation refers to a legal business structure and in no way implies the size of a company or the level of evilness under which that company operates.
Think of your corner pizzeria…the yarn store that your grandmother shops at…the animal rescue group that you adopted your puppy from…the guy who mows your lawn…the frozen yogurt shop you frequent on warm summer nights…all of these people own a corporation in order to operate their business.
Over 97% of my clients own corporations and not a single one of them would fall under the definition that has become commonplace in America…none of them operate giant companies that put mom-and-pop shops out of business…none of them genetically engineer evil goldfish…none of them tap the tips of their fingers together while laughing maniacally.
So, the next time you want to refer to the WalMarts, the BPs, and the Enrons of the world as “corporations,” please be so kind as to differentiate and call them “big corporations,” “giant corporations,” or “evil corporations.”
