Route 11 Chips started as a tasty extension of the Tabard Inn in DC. Thanks to an excess of potatoes and a sprinkle of entrepreneurial spirit, it transformed into a potato chip venture, finding its place in the Shenandoah Valley, Virginia.

• Definition: A company that is owned by a select group of people. It's not available for public trading on the stock market.
• Features
  • Limited Shareholders: Shares are not available to everyone!
  • Less Reporting: Unlike public companies, there's no need to publish their financial statements to the public.

🌍 Real-world Example: Your neighborhood's favorite bakery where Mrs. Smith bakes delicious pies might be a privately held company. No stocks, just pies!

• Definition of CSR (Corporate Social Responsibility): When businesses take into account their impact on social and environmental issues.
• Two Ways Route 11 is Super Socially Responsible
  • Green Power & Tasty Ingredients: Uses 100% renewable hydroelectric power and sources organic sweet potatoes. Even the regular potatoes are local buddies! 🥔⚡
  • Waste Not, Want Not: Those potato peels and not-so-perfect chips? They're dinner for the cows! 🐄

🌍 Real-world Example: Imagine using leftover bread from a bakery to feed ducks in a nearby pond instead of throwing it away. Quack-tastic!