Flexible Purpose Corporation


You’re fed up. There’s a social problem that you can’t stand. It seems imminently solvable if only someone would take the initiative to get it done. So you’ve made up your mind: you’re going to solve this problem by starting a business. You’ll immediately face an important decision. Is your business going to be a for-profit entity like a corporation or LLC? A tax-exempt nonprofit entity? Or a hybrid entity, such as a benefit corporation or social purpose corporation? So you’ve decided to talk to me, a business attorney, to help you to answer these questions about legal structure.......

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Articles, Benefit Corporation, Business Transactions & Services, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation, Venture Capital |
January 30, 2012

Before Raising Money – Identify Your Liabilities

As more social enterprises seek to obtain investment capital to help grow their business, it is important for Officers, Directors, and Founders to identify potential liabilities, and deal with them,...


Articles, Benefit Corporation, Business Transactions & Services, Dispute Resolution, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation |
January 15, 2012

Dispute Resolution Planning for Social or Hybrid Entities

With the uncertainty surrounding new corporate entities such as the Benefit Corporation, Flexible Purpose Corporation, and Low Profit Limited Liability Company, it is important for these businesses to contractually control...


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