#b labs

[arrow3njoyer44]

Her canon art has a blue tongue due to stylization but I like to imagine it is because she drink blue slushie :3

[I often only post art on the discord but I suppose I’ll try to post more here (still a bit iffy on using twitter lol)]

[payzeee]

1X coming

[eliflap]

corone ovali ed altro dalla Svizzera

oval chainrings and more from Suisse

http://www.b-labs.org/

B Labs corone ovali ed altro dalla Svizzera oval chainrings and more from Suisse

[blspinelli]

What's The Buzz?

What’s The Buzz?

What’s A B Corporation?

Not THAT Kind Of Bee!

There’s a handwritten list on my refrigerator. It’s hanging there from a magnet right next to the monthly family calendar and the report cards. My wife keeps a roster of corporations like Costco and Starbucks that follow ethical practices.  These are the places we’re supposed to patronize. There’s also another list, over on the side, headlined by…

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[biotlabs]

[happyemergency]

Want to Change the World with your Startup? Form a B Corp

If you’re a social entrepreneur that wants to change the world with your org, you almost certainly want to go with either a B corp or a non-profit. 

Non-Profit or B Corp?

Is your venture scalable, i.e. probably *not* a “lifestyle business”?

Will you likely need investors that will require an exit or liquidity event?

If your answer to either of those is no, a non-profit is probably best.

If your answer to either is yes, your business is scalable or you will likely need investors; a B corp may be the best option.

B Labs' B Corp vs. State B Corps

When people talk about B corps there are actually two different definitions that can lead to some confusion. B corps (Benefit Corporations) are legally defined corporate entities that are required to provide some sort of public benefit, as recognized in five states at the time of this writing: Vermont, Maryland, Hawaii, Virginia, and New Jersey.

Those legally defined B corps require some form of 3rd party independent social benefit audit, a service B Labs (http://www.bcorporation.net/) provides, but using B Labs isn’t required to be a B corp. 

When some people use the phrase B corp they are referring to a B Labs certified B Corp, which from a legal perspective may still actually be an S or C corp! In that sense a B Labs B Corp is a sort of brand or certification. The B Labs' version of B Corps came first, and some people may not be aware of the new legal structure offered by states, which leads to the confusion.

Your B corp doesn’t necessarily have to work with B Labs, but they do seem to be the biggest provider of the auditing service that I’m aware of.

I'm not a lawyer, but forming as a state recognized B corp will likely give you better legal protections (whether or not you use B Labs for your audits) than a B Labs certification on top of a S/C corp. Ultimately the purpose of a B corp is to protect a do-gooding company from being sued by a profit-centric shareholder. If that happens it's better to have a state law AND a contract on your side than just a contract alone.