But for some business owners, the benefits of keeping full control outweigh the lure of a quick buck. For a start, you own the company, not a group of faceless profit-hungry shareholders. You answer to no-one but your conscience.
This means you don't have to dilute profits by paying out dividends.
Nor is the value of your company tied to the whimsical sentiment of investors, including those that have no stake in it.
And perhaps most importantly, your balance sheet won't be dissected by the prying eyes of countless analysts whose criteria for deciding whether your company is any good may depend on little more than hitting quarterly sales and profit forecasts.
This all means you can have a more long-term strategy, free from the need to placate others.
For those more cynically minded, it also means your actions are subject to less scrutiny, allowing you to do things your publicly-listed rivals may not get away with.
Some of these private companies have been spectacularly successful. You may not have heard of them, but they are big. Really big. For the latest updates PRESS CTR + D or visit Stock Market news Today
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