Still confused about the new B Corporations? Read this article to help you to sort out what it is and what it does. Small business need-to-know.
Excerpt: Although “B Corporation” and “benefit corporation” are terms commonly used interchangeably, the B Corporation name is not just an abbreviation for the benefit corporation legal entity. As a benefit corporation consultant, former member of the B Lab policy team, and frequent speaker in the social enterprise startup scene, I constantly hear the two conflated.
The confusion stemming from this has inspired this blog post; may it liberate you from the confusion, and empower you to advocate for these great changes in corporate governance with knowledge and accuracy.
Read full article via Becoming a B: What Is The Difference Between a B Corporation and a Benefit Corporation?.