In our day-to-day practice at Apex Law, we are lucky enough to come into contact with many social entrepreneurs who are seeking advice on how to structure and implement their socially motivated business.  Now, generally, this conversation starts with a discussion of what business entity is best suited for a particular venture.  Should it be “for profit” or “non-profit.”  Should it be an LLC?  A Corporation?  What about one of the new hybrid entities such as the Social Purpose Corporation or Benefit Corporation?  All of these questions are crucial to any socially motivated business and getting the proper set......

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