Starting a Business: Lesson 9
B Corp Certification
Kevin Christopher with Rockridge Venture Law explains the differences between a benefit corporation and B Corp certification, and the advantages of each.
Topics:
- What is a Benefit Corporation?
- B Corp Certification
- Advantages of B Corp Certification
Test Your Knowledge
To receive credit for taking this course through TSBDC, watch the video and take the quiz that will appear below to demonstrate your knowledge.
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Question 1 of 3
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What is a certified B Corp?
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What is the main difference between a traditional corporation and a benefit corporation?
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What does the B Corp certification mark indicate?
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Video Lesson Topics
- 0:49
- What is a Benefit Corporation?
A Benefit corporation is a relatively new type of legal structure designed to protect mission-oriented entrepreneurs. A benefit corporation allows the management of a company to take into account all the shareholders (the employees, the environment, and the community).
- 3:32
-What Does B Corp Certification Mean?
A B Corp certification is a business certification by an independent third party that states the company is operates on the principles of the triple bottom line.
- 5:10
-Advantages of B Corp Certification
The B corp certification is a way to demonstrate that the firm not only cares about profit, but also the long-term goals and growth of the firm. It is like a certified trust mark for a business. The B corp certification mark has grown exponentially in the past years, with over four-thousand certified companies around the world.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
What Problem am I Solving and Who am I Solving it For?
The Planning Process and Planning Tools
Setting Goals
Legal Structure
What It Takes to Be Successful
Funding Options for Starting Your Business
The Realities of Grant Funding
Partnership and Operating Agreements
B Corp Certification
Is Starting a Business Right for You?
Analyzing Your Personal Finances Before Starting A Business
Want to learn more about how this topic relates to your business?
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