Nonprofit, For-profit, B Corp, L3C? The Right Legal Entity for Your Social Enterprise
In recent years, leaders seeking to change the world through business have been presented with greater choices for their social enterprises. State legislatures across the U.S. are enacting or considering laws that create new forms of legal entities in the unique space between traditional for-profit goals and nonprofit values. These hybrid entities create a wealth of choices, but plenty of confusion for the social entrepreneur—especially when considered alongside successful examples of nonprofits engaged in business and for-profits engaged in social ventures. In this session, we’ll compare these various choices and discuss key considerations for selecting the right type of legal entity for your social enterprise.
Emily Chan, Associate Attorney, NEO Law Group
Gene Takagi, Attorney, NEO Law Group
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