Posts by: Chantal Wilson

B as in “Benefit”: The “New Kid on the Block” of Corporate Governance

With an alphabet soup of corporate structures available to U.S. businesses (think C-corp, S-corp, LLC, LLP, etc.) you might guess that creating another would be the last thing on the minds of new business owners.  However, the success of socially mindful entrepreneurs and companies that boast both profit and positive social impact has increased interest in prioritizing social issues in addition to shareholder returns.

One recent incarnation of this concept is the benefit corporation.  The term “benefit corporation” is a distinct type of legal entity and is not to be confused with the term “B-corp” which refers to a certification from the nonprofit “B Lab.”  That certification is akin to Fair Trade certification as it imposes non-legal obligations that companies pledge to uphold in exchange for “B-corp” status awarded by B Lab.  (more…)

Please follow and like us:

Funding Your “Pipe” Dream – Crowdfunding in the Craft Brewing Scene

In a story drawn from the dreams of a back-packing college student, the Associated Press reports that Belgian brewery owner Xavier Vanneste used crowdfunding to help finance development of a two-mile pipeline to pump thousands of gallons of beer each day from his brewery in historic Bruges, Belgium to an industrial zone for bottling.

While building a pipeline seems better suited for oil barons than a Belgian brewer, Venneste’s offer of dividends in the form of one bottle of beer each day for the rest of your life seems to have foamed the fancy of many a European beer enthusiast.

So could crowdfunding turn your craft brewing “pipe” dream into a reality? (more…)

Please follow and like us: