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there thanks for tuning in to another better FAQ hope you learned something and I hope its helpful for you making some decisions for whatever work youre doing or the business that you run today were going to talk about the difference between authorized and issued shares in a corporation its a relatively confusing concept and its something that we explain often so were going to do a quick video here a few minutes to explain this concept just as a primer before we have a larger conversation about giving out those shares which means giving out ownership in your corporation so as you can kind of tell I mentioned Corporation a couple of times Shares are specific to corporations LLCs have membership interest corporations have shares so youre our shareholders as the owners or stockholders sometimes its called stock shares interchangeable so when you start a corporation when you form it with a state government office which is the first step needed to create a corporation the thing that
