Are B-Corp’s Better for Business?

On the question are B-Corp’s are better for business? It is clear that B-Corp’s are better for society. Over 26 states are changing the corporate landscape. These states capitalizing on one of the largest entrepreneurial and business booms of this decade. Most are familiar with the three, most prevalent, kinds of corporate formation structures in the U.S.; the C Corporation; the S Corporation, and the Limited Liability Company also known as the LLC. But 26 states, including the District of Columbia, have adopted a new form of business model; the B-Corporation. The B-Corporation represents a business model that promotes socially responsible investing, corporate social responsibility, and social entrepreneurship; while remaining profitable.

Corporate Responsibility: B-Corp Better Benefit for Businesses

Corporate Responsibility: B-Corp Better Benefit for Businesses

hat are 26 states, including D.C., doing that is changing the business world as we know it? How are these states capitalizing on one of the largest entrepreneurial and business booms of this decade? Everyone is familiar with the three, most prevalent, kinds of corporations in the U.S. They are the C Corporation; the S Corporation, and the Limited Liability Company also known as the LLC. But what if I told you that 26 states, including D.C. have adopted a new form of business model? A business model that promotes socially responsible investing, corporate social responsibility, and social entrepreneurship, yet still makes money?