Startup Professionals Musings
SEPTEMBER 15, 2021
A few examples of well-known benefit corporations in the USA include Kickstarter, Etsy in New York, Patagonia in California, and Seventh Generation in Vermont. Employees tend to stay longer with the organization, reducing the costs of recruitment and retraining. It is easier to recruit and retain human capital.
Startup Professionals Musings
DECEMBER 5, 2013
Last year, Etsy in New York announced that it had joined the ranks of the now more than 865 companies nationwide as a Certified B Corporation, keeping good company with Patagonia in California and Seventh Generation in Vermont. Employees tend to stay longer with the organization, reducing the costs of recruitment and retraining.
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Startup Professionals Musings
OCTOBER 24, 2012
Earlier this year, Etsy in New York announced that it had joined the ranks of the now more than 500 companies nationwide as a Certified B Corporation, keeping good company with Patagonia in California and Seventh Generation in Vermont. Employees tend to stay longer with the organization, reducing the costs of recruitment and retraining.
YoungUpstarts
MARCH 30, 2017
For example, small businesses depend on reputation and trust among people in the community. By treating employees and customers well, businesses can gain the community’s support. False or discriminatory advertising, negative treatment of employees and ignoring safety concerns in products can undermine consumer confidence.
Up and Running
JULY 29, 2014
The United Kingdom began using a similar structure in 2005, called a Community Interest Company. Vermont became the first state to establish the L3C as a legal structure. His organization, Americans for Community Development, provides detailed information about L3Cs, and you can find out more about the organization on their website.
Up and Running
AUGUST 21, 2014
Now, you can create a benefit corporation in: Arkansas, California, Colorado, Delaware, Florida, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington D.C., with many more states in the pending legislation phase.
Hearpreneur
OCTOBER 31, 2021
Cohen and Greenfield borrowed $4,000 to build their first ice cream business in Vermont in 1978, with a total investment of $12,000. They're also dedicated to giving back to the community and their employees, who each receive three pints of ice cream per day. He puts a high value on his employees, and it pays out handsomely.
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