Kenneth R. Charette Discusses Entity Formation & B-Corps on WDIY

FLB Law      Feb. 4, 2022

Kenneth R. CharetteKenneth R. Charette, Shareholder in FLB’s Corporate Business & Banking and Mergers & Acquisitions groups, recently discussed Corporate entity selection and the increasing popularity of Benefit Corporations (B-Corps) on WDIY’s LV Business Beat. Speaking with host Sally Handlon and Peter Krajsa, Co-Chair and Founder of the National Energy Improvement Fund (NEIF), Mr. Charette outlined the considerations for choosing a business entity type, as well as what makes B-Corps different than other entities.

A Benefit Corporation or LLC is a particular type of entity allowed in Pennsylvania and other states that shift the default rules for conventional organizations. Instead of operating solely to maximize profits for shareholders, B-Corps take into account other factors, such as creating a positive impact on society, workers, the community and the environment.

Mr. Charette and Mr. Krajsa discuss NEIF’s status as a certified Benefit Corporation and the various opportunities and entity considerations available to organizations.

Their enlightening discussion is available to listen to on WDIY’s website.

No Comments Yet

You can be the first to comment!

Sorry, comments for this entry are closed at this time.