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......

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Articles, Business Transactions & Services, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Mission, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation, Startup & Formation |
June 7, 2012

Why the Social Purpose Corporation is Necessary: Self-identification and Legitimacy.

Effective today, Washington will recognize a new corporate entity: the social purpose corporation.  You can learn more about this legal structure here and here (or even download the legislation’s text...


Articles, Benefit Corporation, Business Transactions & Services, Flat Fees, Flexible Purpose Corporation, Intellectual property, Mission, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation |
March 8, 2012

A new way of doing business, the Benefit Corporation Ted Talk

“Because government and nonprofits alone are insufficient to solve the world’s most pressing problems . . .” Like Jay Coen Gilbert (one of the founders of B-Labs and the Benefit Corporation)...


Articles, Benefit Corporation, Business Transactions & Services, Contract, Dispute Resolution, Flat Fees, Guaranty, Intellectual property, Personal Guaranty, Personal Liability, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, social entrepreneurship, Startup & Formation |
February 20, 2012

Personal Guaranties and Service Contracts – A thorny legal issue

Many founders of small companies and social enterprises will be asked to Guaranty service contracts or engagement agreements with consultants or contractors.  This should raise some key questions before any...


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