C Corp., S Corp, B Corp., LLC…. Wait, B Corp.?

I am sitting outside a Starbucks and there are 3 cars that have been running for more than 5 minutes with no one in them. I find it annoying for several reasons- petrol is not a renewable resource (not really), pollutants are spewing into the atmosphere- the owners are…where?

Imagine how much fuel could be saved in one week if everyone just turned off their car.

Off of my soap box…..

Did you know there is a B corporation designation?

A B corporation uses the power of business to solve environmental and social problems. Basically, they are environmentally and socially conscious businesses that actively work to positively impact their environment (social and natural). A staffing service I work with just received their designation. It is not as easy as just choosing to be a C or S corporation.

Now there is a business designation that can reflect your personal conscience if you want it to. I would not be surprised if, as more folks learn about B corporations, they try to purchase exclusively from B corporations.

Something to consider as you set up a new corporation or look at re-designating an existing business.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>