So we often get questions about what differentiates a B corporation from an actual corporation or a regular corporation that somebody would form. And the biggest difference is in a regular corporation your plan is to maximize profit for owners, for the investors.

In a B corporation, you still are going to pursue maximizing profit, but you could also take into account a particular social good that you enumerate in your founding documents or amending your founding documents to also benefit society in some certain way. So it’s not just an organization that’s out to make money, but it’s also looking to achieve a particular social good.