Social Enterprise

You want to make a change with your new business venture and you’re ready to file the necessary paper work to form a legal structure, but what type of legal structure should you form?  Because your idea combines for-profit considerations and nonprofit motives, you’re a little confused about whether you should form a nonprofit, a traditional for-profit, or a “hybrid” entity like the benefit corporation or a social purpose corporation.  You know that I routinely help social entrepreneurs who face this conundrum, and so you come to see me to help you out. Stop!  Go and read my first......


Articles, Benefit Corporation, Dispute Resolution, Flexible Purpose Corporation, L3C, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation |
April 2, 2012

Benefit Enforcement Proceedings for the Benefit Corporation– What are they and How will they work?

As more and more states enact legislation authorizing Benefit Corporations, more questions will be asked about the form and function of these hybrid entities.  Nowhere are these questions more evident...

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