By Amy Riedel We have previously discussed how some founders might choose their business structure (here and here) and what organizational documents are necessary for formation depending on entity structure. Once you have decided on what type of entity you want to form, the next question becomes where you want to form it. For many for-profit businesses, this means incorporating in your home state. Some states, however, offer certain advantages for businesses that encourage incorporation even though the business may not be physically located in that state.   As explained below, the key consideration becomes whether the added cost is......


Articles, Benefit Corporation, Dispute Resolution, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation |
August 9, 2013

The Health of Hybrid Entities: How many benefit corporations and social purpose corporations are out there? A comparison and data analysis on the SPC’s relative success.

Last month, over at SocentLaw, I came across an interesting blog post by Haskell Murray explaining a collaborative attempt to quantify how many benefit corporations exist across the US. The...

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