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:

Video Lesson Topics

- 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).

-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.

-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

2:25

What Problem am I Solving and Who am I Solving it For?

2:03

The Planning Process and Planning Tools

7:13

Setting Goals

13:30

Legal Structure

9:38

What It Takes to Be Successful

10:18

Funding Options for Starting Your Business

4:05

The Realities of Grant Funding

21:51

Partnership and Operating Agreements

6:20

B Corp Certification

6:01

Is Starting a Business Right for You?

2:14

Analyzing Your Personal Finances Before Starting A Business

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