1 - Antiques Captial. Nestled in the countryside of northeastern Lancaster County, Antiques Capital, USA is recognized as the premier year-round antiques destination in the Northeast.
Paychex was founded by Tom Golisano in 1971. Golisano started the company with $3,000. The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, Paychex went public and began trading on the NASDAQ Stock Market. In fiscal 2013, Paychex revenues exceeded $2.3 billion.
This means that, in most cases, the company is owned by the company's founders, management or a group of private investors. A public company, on the other hand, is a company that has sold all or a portion of itself to the public via an initial public offering (IPO), meaning shareholders have claim to part of the company's assets and profits. One of the biggest differences between the two types of companies deals with public disclosure.